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creativity make ones business look more outstanding against others. It earns one more customers as people today look in terms of ellegance and new technology etc
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How does one become a social entrepreneur?
To become a social entrepreneur, one typically identifies a social or environmental issue they are passionate about solving, develops a sustainable business model that addresses the issue, and then launches and grows the initiative. This often involves combining elements of traditional entrepreneurship with a strong focus on creating social impact. It requires dedication, innovation, and a willingness to take risks to make a positive difference in the world.
What is expansion of a business?
Expansion of a business is when a business grows.
Can I convert any baby bedding to other bedding as my child grows?
You can if you have creativity and/or the ability to do so.
Explain how the objectives of a new business might change as it grows in size?
the large a business grows the more exposed it is and the involved with the external environment
What must happen to the business plan as the business grows?
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Is a period in which the economy grows then contracts?
business cycle
Importance of Strategic management to business growth?
It is a plan to grow a business at a reasonable rate. If the business grows too slowly, there is not enough profit to keep the doors open, and if it grows to fast, the economic resources of the business cannot keep up with the growth.
Explain why as a business grows it affairs become complicated.?
When a business grows, its affairs become more complicated in most cases. That is because the business is dealing with more outside entities. This impacts the relationships it has and makes it more complicated.
What must happen to a business plan when the business grows?
some people will get held off for a while
Explain why as a business grows its affairs become more complicated?
When a business grows, its affairs become more complicated in most cases. That is because the business is dealing with more outside entities. This impacts the relationships it has and makes it more complicated.
What are the 8 dominant roles to be developed by entrepreneur?
General manager Customer service supervisor Financial advisor Marketing director legal manager These positions must all be held by an entrepreneur. However as their company grows they should separate these tasks to different experts in their field.
What is a business extractor?
A business that grows products or takes raw materials from nature. Ex. Coal Miner
