ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is a tool that an entrepreneur develops to project sales for a new business venture?
A
Marketing objectives
B
Sales forecast
C
Promotional budget
D
Inventory report
Explanation: 

Detailed explanation-1: -Serial Entrepreneur Those kinds of entrepreneurs start a business, then they sell it and pivot to launching a new idea. They are still considered entrepreneurs because they operate and assume risk in the business for the time they own it.

Detailed explanation-2: -Innovative entrepreneurship Innovative entrepreneurs are people who constantly have new ideas and inventions that they turn into business ventures. Their aim is to change the way people live for the better, making their products and services stand out from the rest on the market.

Detailed explanation-3: -Why should an entrepreneur do a feasibility study for starting a new venture? . To identify possible sources of funds . To see if there are possible barriers to success . To explore potential customers .

Detailed explanation-4: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022

There is 1 question to complete.