ENTREPRENEURSHIP

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INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ruben opens a sandwich shop, Ruben’s Reubens and Rachels, in a busy retail plaza. There are three other sandwich shops in the plaza, which is located in a busy downtown area. Ruben uses recipes passed down from his grandmother that he has been perfecting for years. His shop is small and he only has one other employee, so overhead costs are low. Even though he knows he sells the best sandwiches in town, he struggles to make a profit. Eventually, he is forced to close the business. Why did he fail?
A
He lacked the capital he needs.
B
He did not have relevant experience.
C
The industry was heavily regulated.
D
There was a lot of competition.
Explanation: 

Detailed explanation-1: -While the Reuben is a classic, even more delicious, in my opinion, is the Reuben’s “sister” sandwich, the Rachel, which substitutes pastrami (or turkey pastrami) for the corned beef and coleslaw for the sauerkraut.

Detailed explanation-2: -What is a Reuben Sandwich? A classic Reuben is a sandwich consisting of corned beef, Swiss cheese, sauerkraut, Russian dressing between slices of rye bread that is grilled until the bread is crispy and the cheese melts.

Detailed explanation-3: -The Reuben is a grilled sandwich traditionally made on rye bread with a filling of corned beef, Swiss cheese, sauerkraut, and Russian dressing. The Rachel sandwich is one of several variations on the famous sandwich.

Detailed explanation-4: -What goes with reuben sandwiches? There are many delicious side dish options that pair well with a reuben sandwich. Salad, potato salad, coleslaw, potato chips, pickles and chips are all great choices.

There is 1 question to complete.
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