INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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be concerned much more with quality than cost.
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start by identifying resource suppliers.
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acquire needed resources as fast as possible while giving up the least amount of control possible.
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focus on how much money is needed to fund the business because obtaining capital takes the most time.
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Detailed explanation-1: -All entrepreneurs need to determine the resources required for addressing the opportunity. This process starts with an appraisal of present financial and nonfinancial resources (e.g., technical skills, team competencies, licenses, patents, customer contacts, and location).
Detailed explanation-2: -Employees: An employee is the most valuable and important resource in any business. With the right employees, your business will strive to new heights and grow continuously.
Detailed explanation-3: -Financial Resources. Physical resources. Intellectual resources. Human resources. Digital resources.
Detailed explanation-4: -Business websites. Business blogs. Crowdfunding platforms. Incubators and Accelerators. Startup apps. Website creation resources. Mobile app tools. Project management resources. More items •16-Mar-2023