In the world today, getting an employment opportunity is a little hard, and people try to open new businesses that will give others the chance to work. The process through which one does this is called entrepreneurship, and many wrong beliefs surround it. Take this entrepreneurship and review what you have learned before the midterms. All the best!
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Location
Product selection
Activity of the firm
All of the above
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Risk tolerence
Prior experience
Personality orientation
All of these answers are correct
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Contract
Limited partnership
Corporation
Warranty
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When dismissing a promissing idea
When copying existing business
Automatically
Because of the process of identifying skills and opportunities in the market.
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Prior to the start
Opening day
First payroll
Six month review
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Orthodox practices
Unorthodox practices
Sustainable competitive advantage
Tangible assets
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Personal relationship with the customer
Location
Staffing
Relationship with vendors
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NAICS Code
Selected Employer Identification Number (E. I. N.)
U.S. Industry Code
Business Rating Code
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Competitive advantage
Benchmarking
Criteria related advantage
Competitive map
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Necessary skills
In debth understanding of the market
Passion for starting a business
Follow a sequential formula
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Business meeting
Gap analysis
Brainstorming
Focus group
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Prior to its inception
At the first day of business
At the 30 day review
At the 90 day review
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Equity
Profit
Recievables
Margin
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Copyright
Trademark
Patent
All of these are correct
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Corporate Managers
Capitalists
Stakeholders
Owners
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