INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following are factors of self-evaluating in identifying, evaluating, and choosing business opportunity
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Capital
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Knowlege
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Interest
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All of the above
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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: -Identify Your Pain Points. When searching for potential market needs, start with yourself. Conduct Market Research. Another way to prove whether a business idea is viable is by conducting market research. Question Processes. 05-Apr-2022
Detailed explanation-3: -Possess the requisite skills to do the primary work of the business. Have a plan for performing the ancillary functions. Realize that growth means you will have to let go. More items •21-Apr-2015
There is 1 question to complete.