course hero. which of the following are suggested as "questions every entrepreneur must answer"?

What are the important questions in entrepreneurship?

To ensure success, here are the three most important questions entrepreneurs must answer.What are my goals as an entrepreneur? Most entrepreneurs find it difficult to separate their personal goals from their business goals. ... Do I have the right strategy? ... Can I execute the strategy?Sep 3, 2014

What are 3 things an entrepreneur must have?

Adaptability, persistence and hard work, these are the keys to success in small business, but they are three important attributes no matter what your endeavor.Dec 30, 2014

What three things should an entrepreneur consider when answering the How do you produce question?

Entrepreneurs must examine three areas—resources, organizational capabilities, and their personal roles—to evaluate their ability to carry out their strategies.

What are the common questions asked by many aspiring entrepreneurs?

10 Questions Every Aspiring Entrepreneur Should AskWhy do I want to start a business? ... What do I want my business to be “when it grows up”? ... Am I willing to do the due diligence necessary to research and plan for my business' success? ... What are the financial requirements and how can I meet them?More items...

What is a need for an entrepreneur answer?

An entrepreneur needs a high ability to learn—and a desire to learn. If a person is able to learn in any situation, even failure, they have the skills necessary to become a successful entrepreneur. Failure can help expand one's knowledge and understanding of business.

What is the most important part entrepreneurs should have?

1. Sales. This one is a no-brainer--of course you are going to need sales skills in order to run your business! After all, marketing can drive customers in to your business, but sales are going to be what keeps them coming back and keeps putting money into your pocket.Aug 11, 2014

How do you answer entrepreneur questions?

11 Questions Every Entrepreneur Must Be Able to AnswerIs my business scalable? ... What are my visitors, users, and customers worth? ... Am I acquiring visitors, users, and customers for less than they're worth? ... What can I do to lower my acquisition cost? ... How do I increase the value of my customer?More items...•Sep 27, 2013

Which of the following is the most important thing that an entrepreneur or team of entrepreneurs can do to build a strong ethical culture in their organization?

11) The most important thing that any entrepreneur, or team of entrepreneurs, can do to build a strong ethical culture in their organization is to hire an aggressive attorney. 12) An ethical dilemma is a situation that involves doing something that is beneficial to oneself or the organization, but may be unethical.

When entrepreneurs begin their venture they start with their means what are the three questions they must answer to identify their means select the three correct answers?

What I know? Whom I know? Solution : The three questions that entrepreneurs must strive to answer to understand the possibilities that are thrown up by their means are:  Who I am?  What I know?

What are good questions to ask a business owner?

General questions to ask small business ownersWhen did your business begin?Why did you decide to start your own business?What was your first objective when you founded your business?How many people work for your company?What products or services do you offer?What methods do you use to promote your business?More items...•Mar 23, 2022

What are the questions about business?

Thirty Most-Asked Questions about Small BusinessDo I have what it takes to own/manage a small business? ... What business should I choose? ... What is a business plan and why do I need one? ... Why do I need to define my business in detail? ... What legal aspects do I need to consider? ... What do I need to succeed in a business?More items...

What questions should I ask a founder?

Here are four questions every startup interviewee should ask.What Does Success Look Like for the Company? ... What is the Biggest Risk to the Company? ... What's the Current Runway, and What Are Future Funding Plans? ... What is Current Growth Like?