Factors that are associated with self-evaluation in identifying, evaluating and choosing a business opportunity, EXCEPT

ENTREPRENEURIAL PROCESS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	community perception
B	financial position
C	experience
D	knowledge

Explanation:

Detailed explanation-1: -Market Size. One of the most important factors when evaluating a business opportunity is market size. Relationships. Ability to Manage Cash Flow. Management Skillsets. Passion and Persistence. 09-Nov-2022

Detailed explanation-2: -Market research should never be underestimated. Many successful new businesses enjoy longevity because their owners conduct regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors.

Detailed explanation-3: -These are: risk of losing the entire investment: risk of being unable to bail out if necessary; risk of failure to implement the venture idea; competitive risk; risk of management failure; and risk of leadership failure.

There is 1 question to complete.

ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

ENTREPRENEURIAL PROCESS