ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is a specification that a business might establish for selecting spreadsheet software programs:
A
Electronically communicate data
B
Graphically display financial information
C
Regularly organize customer information
D
Digitally produce marketing data
Explanation: 

Detailed explanation-1: -What do businesses often develop to be able to store and analyze data for the purpose of making business decisions? operating system.

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: -An opportunity is a favourable set of circumstances that creates a need for a new product, service or business. Four essential qualities of an opportunity (rather than just an idea): Attractive, timely, durable, anchored in a product, service or business that creates or adds value for its buyer or end user.

There is 1 question to complete.