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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Regan is deciding if she is willing to give up a secure position with a well-known company, so she can start a home-based business. Which of the following risks is Regan assessing?
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Career
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Social
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Physical
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Financial
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Explanation:
Detailed explanation-1: -Exporting is the direct sale of goods and / or services in another country. It is possibly the best-known method of entering a foreign market, as well as the lowest risk.
Detailed explanation-2: -One way to better understand a market’s opportunities is to conduct a market analysis, which is an analysis of the overall interest in the product or service within the industry by its target market to determine its viability and profit potential.
Detailed explanation-3: -Funding of capital. Adequate cashflows. Social and family pressures. Interference with personal lives. psychological pressure. Lack of motivation.
There is 1 question to complete.