INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Tariffs that must be paid to import goods
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Cultural differences between nations
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Trade barriers
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All of the above
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Detailed explanation-1: -Threats to profit margin, threats to operational financing, and threats to sales generation schemes are three threats to business success that entrepreneurs consider when they examine and characterize business .
Detailed explanation-2: -Which of the following is NOT considered a risk of being an entrepreneur? Providing value to others is considered a benefit of being an entrepreneur, not something you have to risk.
Detailed explanation-3: -What is a challenge faced by companies entering the global market? Differences in consumer tastes and preferences. Why are consumer products less likely than industrial products to be a source for the global marketplace? differences in consumer tastes. One impact of globalization is that .