ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

TYPES OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Jenny started her business one year ago . The business failed. As a typical entrepreneur, what will Jenny MOST likely do?
A
Go to work for a major corporation
B
Try to learn from her failed venture
C
Give up becoming a successful entrepreneur
D
Spend the rest of her life wondering what happened to her business
Explanation: 

Detailed explanation-1: -The five stages of opportunity recognition process include getting an idea, opportunity identification, opportunity development, opportunity evaluation, and team assessment. An entrepreneur must follow these stages effectively for a successful business.

Detailed explanation-2: -Focus on profitable customers. Ultimately, your company will become profitable based on how many repeat customers you have.

Detailed explanation-3: -Lack of Right Idea. The core of successful entrepreneurship lies in problem-solving. Unorganized Manpower Resources. Cash Crunch. The Vision of the Founder. Lack of Study of Data. Late Realization. Not Targeting the Right Market. Delegation Issues. More items •12-Apr-2022

There is 1 question to complete.