review 1st quarter

As the business's creator, you have a limited amount of time to introduce your product. How would you react?

• Take a break and come back to it later

• Work extra hours to ensure the deadline is met

• Delegate tasks to team members

• Postpone the launch

Planning involves strategic thinking and goal setting to achieve objectives by carefully maximizing all available resources.

• Excellent planner

• Sound decision maker

• Demography

• Economics

Successful entrepreneurs have the ability to think quickly and to make wise decisions towards a pre-determined set of objectives.

• Sound decision maker

• Hardworking

• Disciplined

• Confident

A possible investor is listening to the business proposal. How are you going to respond?

• Nervously and unsure of yourself

• Aggressively and defensively

• Confidently and assertively

• Passively and unenthusiastically

It is typically a broad measure, such as the overall increase in prices or the increase in the cost of living in a country.

• Economy

• Inflation

• Economic Indicator

• GDP

This means working diligently and being consistent about it. Hardworking people keep improving their performance.

• Committed

• Creative

• Hardworking

• Possesses people skills

Refers to the actual, physical location of the business, whether it is a store outlet or an office.

• Demography

• Business Location

• Economy

• Discipline

Successful entrepreneurs always stick to the plan and fight the temptation to do what is unimportant.

• Business Location

• Demography

• Initiative

• Disciplined

You have set a goal to increase sales by 20% within the next quarter. How do you plan to achieve it?

• By relying on luck

• By delegating tasks to team members

• By working sporadically and without a plan

• By creating a disciplined schedule and sticking to it

As an entrepreneur, you need to create products or services that match the needs of your target market based on their way of life.

• Culture

• Demography

• Supply

• Product