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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What is a primary factor that small-business owners should consider when deciding to hire additional staff members?
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Interview techniques
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Payroll expenses
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Training methods
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Product standards
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Explanation:
Detailed explanation-1: -What is the first and primary question you should ask yourself before starting a small business? Do I have what it takes?
Detailed explanation-2: -The key objective of a small business is to generate profits. However, as the owners are not keen on evaluating and taking up new business opportunities, they have limited profit-making ability.
Detailed explanation-3: -Possess the requisite skills to do the primary work of the business. Have a plan for performing the ancillary functions. Realize that growth means you will have to let go. More items •21-Apr-2015
There is 1 question to complete.