ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is NOT a critical survival factor for a start-up business?
A
Awareness of macro environment
B
Timing
C
Choice of market segments
D
Inflexibility
Explanation: 

Detailed explanation-1: -Surprisingly, growth of sales is generally not considered a critical factor in assessing new ventures.

Detailed explanation-2: -Sacrifice – Are you willing to sacrifice short term to benefit in the long term? Experience – Do you have some business or related experience? Leadership – Do you like being the leader? Organization – Are you organized? Optimism – Are you optimistic?

Detailed explanation-3: -Timing. There is a place and time for everything, and launching a product or service is no exception. Recruiting Talent. To scale sustainably, startups need to recruit and retain top talent. Funding. Your Personality As A Founder. 11-Nov-2022

Detailed explanation-4: -A Business Idea. Knowledge or Expertise. Market or Demand. Start-up Costs. Capital and Finance. Competition. Location. Staff. More items •17-Oct-2018

There is 1 question to complete.