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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The first factor that a business should consider when it is deciding if it should sell a product is the:
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Promotional strategy
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Taxation rate
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Storage space
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Market demand
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Explanation:
Detailed explanation-1: -Timing. Price. Packaging. Your new product’s name. Promotion. Know your target market. Know your competition. Test your new product repeatedly. More items •21-Feb-2023
Detailed explanation-2: -Need. Consider what need your business fills. Uniqueness. Consider what your business can do that no other business does. Identity. Business structure. Market. Specific audience. Startup costs. Funding. More items •10-Mar-2023
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