INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Develop new markets
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Create a new product
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Cut total expenses
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Open new locations
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Detailed explanation-1: -Expenses are the costs a business incurs from its core operations, while revenue is the money it earns from selling products and services before paying expenses. Once you pay expenses, you get net income or profit, which equals the total revenues minus the total expenses from a given accounting period.
Detailed explanation-2: -Understand financials. Create a business map. Set realistic goals. Identify what’s holding you back. Add real value for your customers. Focus on strategic innovation. Leverage your connections. Customize your customer engagement strategies. More items
Detailed explanation-3: -Motivation. Passion. Vision. Confidence. Decision making. 02-Jan-2021
Detailed explanation-4: -Communication. Curiosity. The Ability to Inspire Others. Stress Management. Consumer Focus. Adaptability. Vision. 06-Mar-2023