INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Number of employees
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Turnover
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Balance sheet total
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Bureaucratic
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Detailed explanation-1: -The four dimensions are the education system, culture, business establishment procedures, and managerial skills. The first three of these dimensions represent the external factors that affect SMEs, while the fourth dimension captures the internal factors that affect the survival and success of SMEs.
Detailed explanation-2: -Bureaucracy is not accountable for their work of action. They are not responsible to show the mechanism of work and policy made.
Detailed explanation-3: -Summary. Thus, the most basic elements of pure bureaucratic organization are its emphasis on procedural regularity, a hierarchical system of accountability and responsibility, specialization of function, continuity, a legal-rational basis, and fundamental conservatism.
Detailed explanation-4: -Innovation. One key fact is that, no idea is original. Capital. Although capital seems to be the major challenge for entrepreneurs, however most businesses also fail because of lack of capital. Quality. Customer Service. Persistence. 13-Dec-2017