ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
These people provide advice about business issues such as the development and implementation of business plans
A
Business Consultant
B
Management Analysts
C
Research and Development
D
Intrapreneur
Explanation: 

Detailed explanation-1: -Business consultants use their in-depth industry expertise to advise clients on strategies and execution. They work directly with senior management teams to review, revise, and restructure a company’s operations and product offerings. Business consultants implement new efforts that further a company’s long-term goals.

Detailed explanation-2: -Business Development Consultants are generally responsible for helping companies to identify business weaknesses and challenges and determine relevant solutions. With these responsibilities, their position plays a crucial role in any company’s growth and success.

Detailed explanation-3: -A good business plan guides you through each stage of starting and managing your business. You’ll use your business plan like a GPS for how to structure, run, and grow your new business. It’s a way to think through and detail all the key elements of how your business will run.

Detailed explanation-4: -Operational Planning. “Operational plans are about how things need to happen, ‘’ motivational leadership speaker Mack Story said at LinkedIn. Strategic Planning. “Strategic plans are all about why things need to happen, ‘’ Story said. Tactical Planning. Contingency Planning. 07-Jul-2017

There is 1 question to complete.