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Why is entrepreneurship a big challenge for new business owners?

What is a plan of action?

Plan of Action

6 terms·StudBud Administration·206 plays

gr.10/ict/environment and market

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Questions 6

Answers

1
What is a plan of action?
It is a blueprint for buildings.
It meets the goals.
It is a tool to create a plan.
It is a detailed plan outlining the actions.
2
Why is entrepreneurship a big challenge for new business owners?
It takes a lot of patience to deal with suppliers.
It takes a lot of patience to deal with suppliers.
It takes a long time before you get customers.
It requires the person to face the demands of the business.
3
SMART stands for
Specific, Measurable, Attainable, Result oriented,Time bound
Special, Measurable, Attainable, Readable, Time bound
Specific, Measurable, Attainable, Realistic, Time bound
Special, Measurable, Attainable, Realistic, Time bound
4
Why do new entrepreneurs need a plan of action?
It ensures the success of their finances.
It enhances their capabilities.
It helps them change directions.
It ensures the success of their business goals.
5
The first step in creating aplan of action.
1.know when is the rightfultime to launch the business
look at the resources thatyou have and you will need
determine the requiredskills and experience
set arealistic timeline
6
What is the second step in creating a plan of action?
Determining the needed resources.
Setting a realistic goal.
Creating the timeline.
Knowing the market and competitors.