The primary causes of small business failure is,
Lack of capital
Management incompetence
Poor location
None of these
___________ is the process of setting up one's own business as distinct from pursuing any other economic activity, be it employment or practicing some profession.
Partnership
Entrepreneurship
Company
People who own, operate , and take risk of a business venture.
Aptitude
Entrepreneurs
Employee
The ability to learn a particular kind of job
Self Assessment
What is an entrepreneur?
Someone who invests time and money to start a business
Someone who makes a lot of money
Someone who does not makes a lot of money
Both a & b
Capital is
Money available to invest
Probability cost of entry
A guarantee that a company will be successful
Entrepreneurs undertake
Calculated risks
High risks
Low risks
Evaluation of your strengths and weaknesses
Which one is not a disadvantage of Entrepreneurship?
Risky
Uncertain income
You are the boss
Working long hours
_________ are general ideas about all that is deemed desirable / important by an individual or a collectivity.
Attitude
Openion
Values