INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Resume
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Portfolio
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Business plan
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Insurance plan
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Detailed explanation-1: -Many consider a business plan to be a blueprint for a business.
Detailed explanation-2: -You can think of your business plan as a blueprint for success. It’s not only useful when starting your business, but also while running it. Monitoring and assessing whether your business is meeting goals and objectives is a key strategy for staying in business.
Detailed explanation-3: -What is a Business Plan? evaluate results. It is a sort of business blueprint and it keeps the entrepreneur on the track. 2. to fulfill the requirement for securing lenders and investors.
Detailed explanation-4: -The SWOT analysis (strengths, weaknesses, opportunities, threats) is one of the most popular. This involves looking at the strengths and weaknesses of your business’ capabilities, and any opportunities and threats to your business.
Detailed explanation-5: -A business plan is likely to describe the business and industry, market strategies, sales potential, and competitive analysis, as well as the company’s long-term goals and objectives.