INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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If your company cannot fulfill its USP, it will
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spend more money.
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go bankrupt.
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gain business.
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lose credibility.
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Explanation:
Detailed explanation-1: -If a company cannot fulfill its USP, what willmost likely happen? It will go bankrupt.
Detailed explanation-2: -Why is a Unique Selling Proposition Important? A clearly articulated USP can be an effective tool to help you shape and focus your marketing goals to successfully set your brand and products apart from your competition.
Detailed explanation-3: -Some of the factors to consider while selecting a channel of distribution are: (1) The Nature of the Product (2) The Nature of the market (3) The Nature of Middlemen (4) The nature and size of the manufacturing unit (5) Government Regulations and Policies and (6) Competition.
There is 1 question to complete.