answersLogoWhite

0

What kind of business organization will best serve his or her interest is the first thing an entrepreneur must make.

User Avatar

Justyn Kuhic

Lvl 10
2y ago

What else can I help you with?

Related Questions

What is one the first decisions in entrepreneur must make?

Work, work, work, ad infinitum.


What is the disadavantage of entrepreneur?

You must risk money in order to be an entrepreneur


What is one f the first decisions an entrepreneur must make?

One of the first decisions an entrepreneur must make is choosing a business structure, such as sole proprietorship, partnership, LLC, or corporation. This choice impacts liability, taxation, and operational flexibility. It sets the foundation for how the business will operate and grow, affecting legal responsibilities and financial management. Careful consideration of the implications of each structure is crucial for long-term success.


Decision making as an entrepreneur?

Decision making as an entrepreneur involves assessing risks, evaluating opportunities, and balancing short-term needs with long-term goals. Entrepreneurs must analyze market trends, customer feedback, and financial data to make informed choices. Effective decision making also requires adaptability, as the business landscape can change rapidly. Ultimately, successful entrepreneurs trust their instincts while relying on data-driven insights to guide their strategies.


What does the fork in the road represent?

A decision you must make


The government of a country must make a decision between increasing military spending and subsidizing wheat farmers. This kind of decision is a?

The government of a country must make a decision between increasing military spending and subsidizing wheat farmers, and this kind of decision is called "guns or butter" decision.


What is the special appeal of an enterprise zone to an entrepreneur seeking the best site for his or her business?

1) The entrepreneur's personal preference is a practical consideration in selecting a location. An appropriate site must be available and priced within the entrepreneur's budget. Climate, competition, legal requirements, and the tax structure are types of environmental factors affecting the location decision. Customer accessibility is a key factor in the location decision of retail and service business. Availability of resources such as raw materials, a suitable labor supply, and transportation can be important to location decision. The building also, shouldn't be to large or to small, and comfort, convenience, and safety of the business's employees and customers must not be overlooked.


What must occur in order for an entrepreneur to earn a profit?

The amount of revenue the entrepreneur earns must exceed expenditures......enjoy Study island people


The government of a country must make a decision between increasing military spending and subsidizing wheat farmers?

The government of a country must make a decision between increasing military spending and subsidizing wheat farmers, and this kind of decision is called "guns or butter" decision.


How does Zeus make the decision that hector must die?

Because he disobeyed


What are the activities an entrepreneur should undertake in order to earn profits?

The amount of revenue the entrepreneur earns must exceed expenditures.


Why is decision making the primary task of the Managers?

Decision Making is the core of planning, managers must make choices of action among alternatives. Managers must make choices on the basis of limited or bounded rationality. That is, they must make decisions in light of everything they can learn about the situation, which may not be everything they should know.