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Multiple choice
4.0 The entrepreneurial process involves the following
A opportunity
B Resources
C leadership and team
D All of the above
5.0 Which of the following represents the entrepreneur school of thought
A The entrepreneur
B The Business environment
3
C The enterprise
D the strategy
6.0 which of the following is not a challenge for SMEs sector?
A lack of access to finance
B lack of opportunities
C Lack management skills
D Lack of access to markets
Step by step
Solved in 2 steps
- As would be entrepreneur, you are tasked to write down at 3 career opportunities which attract you the most. Indicate what competencies you need to enhance in order to become succesful in thes opporunitiesAs would-be Entrepreneur, write down 3 career opportunities which attract you most. Indicate ehat competencies you need to enhance in order to become successful in these opportunitiesIn General, there are FIVE (5) common traps that look attractive to entrepreneur by some criteria but often are fundamentally flawed” By referring to any industry familiar with, kindly explain and apply the FIVE common traps in business.
- With the aid of practical examples from an identified start-up, identify and explain 4 major differences between a business model and a business plan.1. Identify the different sources of business opportunities. Cite an example for each sources of business opportunities that will meet the needs of the market.Why is it important to understand the drivers of profitability, as measured by ROIC?