INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Get accurate and specialized information relevant to your situation
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Provide funding for your idea
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Write off their services on your income taxes
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Help you when you don’t feel smart enough on your own
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Detailed explanation-1: -To get answers to the most important questions They help entrepreneurs decide their goals. Professionals help in utilizing the finances effectively to support their goals. Seeking advice from professionals helps the entrepreneur to make a sensible decision about reaching their main goal.
Detailed explanation-2: -Knowing and understanding customer needs is at the centre of every successful business, whether it sells directly to individuals or other businesses. Once you have this knowledge, you can use it to persuade potential and existing customers that buying from you is in their best interests.
Detailed explanation-3: -A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize. An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill. Growing a business requires a sound strategy based on inherent business sense and skills.
Detailed explanation-4: -Step 1: Identify the key concepts in the problem you want to investigate. Which words and phrases will be relevant to proceed with? Step 2: Define your search terms. Step 3: Find relevant sources. Step 4: Think about and construct your search for each source. Step 5: Evaluate your search result.