ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is an example of involuntary termination due to employee performance?
A
A customer service center terminates the three agents in the office who consistently earned the lowest customer satisfaction scores.
B
An ice cream shop hires 10 students to work for the summer, but can only keep three on during the rest of the year.
C
A hospital lays off a physical therapist because he didn’t appear for work for weeks on end.
D
A bank eliminated 50 managerial positions when the headquarters was moved to another state.
Explanation: 

Detailed explanation-1: -Which is a method for tamping down the initial excitement of a potentially “winning” idea during the ideation stage? Build a simple prototype and show it to members of the target market.

Detailed explanation-2: -The 3 most important purposes of a business plan are 1) to create an effective strategy for growth, 2) to determine your future financial needs, and 3) to attract investors (including angel investors and VC funding) and lenders.

There is 1 question to complete.