GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Poor market research
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Ability to raise start-up finance
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Legal requirements and constraints
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Innovative and creative ideas
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Detailed explanation-1: -The top 10 challenges faced by entrepreneurs today Cash flow management. Hiring employees. Time management. Delegating tasks.
Detailed explanation-2: -Self-doubt and uncertainty. For first-time entrepreneurs, dealing with the uncertainties of the venture can be a tough task. The entrepreneurs can often feel ultimately responsible for the success or failure of their venture. There are also many detours and deviations from the initial plan.
Detailed explanation-3: -Inability of potential external funders to understand technology.
Detailed explanation-4: -Fierce Competition. The corporate world is quite fierce. Unrealistic Expectations. Success does not come alone. Hiring Suitable Candidates. Partnership Decision Making. Financial Management. Cyber Security. Winning Trust of Customers. 04-Nov-2022