Factors contributing to the weaknesses

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Reference no: EM133945058

Question

1. According to Kuratko and Hodgetts (2007), entrepreneurship can be defined as _______.

a. seizing opportunities based on the market

b. taking the high risk of creating a new business opportunity

c. creating innovative product and services based on business opportunity

d. a process that involved innovation and creation based on individual, organization and cooperation

2. Which of the following questions is related to the value proposition in a BMC?

a. Is there anyone in the same field who is doing the same job at a lower cost?

b. Which one of our customers' problem are we helping to solve?

c. What is the cost per unit of the product or services we offer?

d. How good or product worth in the market?

3. The following are the factors contributing to the weaknesses in SWOT analysis, except____.

a. economic slump

b. inexperience employees

c. product disadvantages

d. lack of capital

Reference no: EM133945058

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