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Q: What are the advantages and disadvantages of setting up a new enterprise?
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What is a sentence with the word enterprise in it?

When I was appointed CEO of the new company, I had no idea what a huge enterprise it would become.Whilst the government is responsible for the construction of the main bridges in the city, it is also in favour of private enterprise, and has supported a new, private bridge over the river.


What are the Advantages and disadvantages of conglomerate diversification?

The advantages and disadvantages of conglomerate diversification are as follows: Advantages of conglomerate diversification a. Risk spreading ? entering new products into new markets offers protection against failure of current products and markets. b. High profit opportunities ? Ability to move into high growth profitable industries especially important if current industry is in decline. c. Escape ? from the present business if competition is too hot! d. Better access to capital markets. Disadvantages of conglomerate diversification a. The dilution of shareholders earnings if diversification is into growth industries with high P/E ratios. b. Lack of a common identity and purpose in a conglomerate organization. A conglomerate will be successful only if it has high quality of management and financial ability at head office where diverse operations are brought together. c. Failure in one business will drag down the rest. d. Lack of management experience..


What is important when setting up a new business?

When setting up a new business, it is important to have a good location where persons will frequent. A good business plan, and marketing strategy are also important.


Difficulties that might arise in creating a new business?

what are the difficulties that might arise in setting up a new business


What is called to people that start a new business to make profit?

entrepreneur : a person who organizes and manages any enterprise, esp. a business, usually with considerable initiative and risk.

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