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 an operational issue that entrepreneurs must consider when planning their businesses:
A
Source of financing
B
Target market
C
Production process
D
Direct competitors
Explanation: 

Detailed explanation-1: -Facilities and resources that the business needs to provide its services and run operations may include computers, office equipment, furniture, and technological resources.

Detailed explanation-2: -Identifying a customer’s pain points is the first step for entrepreneurs in developing a new product. Julia Austin offers tips for choosing the right “job to be done.” As an entrepreneur, how confident are you that you fully understand your customer’s pain points or their job to be done?

Detailed explanation-3: -Need. Consider what need your business fills. Uniqueness. Consider what your business can do that no other business does. Identity. Business structure. Market. Specific audience. Startup costs. Funding. More items •13-Apr-2021

There is 1 question to complete.