INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Lack of managerial capacity
|
|
|
Lack of infrastructure
|
|
|
Adequate managerial resources
|
|
|
Inadequate managerial resources
|
Detailed explanation-1: -What is a bottleneck in project management? A bottleneck is any point of congestion in a project that causes delays in the workflow. Bottlenecks in project management reduce the pace of the project due to limited capacity.
Detailed explanation-2: -A bottleneck occurs when there is not enough capacity to meet the demand or throughput for a product or service. It is called a bottleneck since the neck of a bottle narrows and tapers, restricting the amount of liquid that can flow out of a bottle at once.
Detailed explanation-3: -The bottleneck may be caused by various events, such as an environmental disaster, the hunting of a species to the point of extinction, or habitat destruction that results in the deaths of organisms.
Detailed explanation-4: -Bottlenecks happen when work or request volume exceeds process capacity or bandwidth. In business, a bottleneck is a point (or points) in a process where the flow of work becomes delayed or breaks down completely.