describing challenges of entrepreneurs\nwhat challenges do many entrepreneurs face when starting a business…
describing challenges of entrepreneurs\nwhat challenges do many entrepreneurs face when starting a business? choose three correct answers.\nrepaying investors in the first month\nsetting the correct price for the market\nsecuring money needed to start the business\nchanging government policy\nfinding resources and equipment\nupgrading office computer systems
Answer
Brief Explanations:
- Repaying investors in the first month is often unrealistic and not a common - starting challenge.
- Setting the correct price for the market is crucial as it affects competitiveness and profitability.
- Securing start - up capital is a major hurdle for new entrepreneurs.
- Changing government policy can impact business operations and is an external challenge.
- Finding resources and equipment is necessary for business set - up.
- Upgrading office computer systems is usually a later - stage concern.
Answer:
- Setting the correct price for the market
- Securing money needed to start the business
- Finding resources and equipment