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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Which a global trend that might encourage an entrepreneur to consider international business opportunities?
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Higher allowances
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Lower tariffs
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Enforceable trade agreements
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Flexible currency rates
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Explanation:
Detailed explanation-1: -Minority Interests are used by entrepreneurs to acquire experience in an international market before making a major commitment. Explanation: A minority interest can offer a company with a supply of uncooked substances or a quite captive marketplace for its products.
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: -Be open and share: learn, unlearn and relearn. Be patient and persistent. Take advantage of your human and social capital. 25-Aug-2021
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