There are three main criteria used to define when a company is considered a small or medium enterprise. Choose the correct answer: A) True B) False
There are three main criteria used to define when a company is considered a small or medium enterprise.
Choose the correct answer:
A) True
B) False
Entrepreneurship is defined as a task of setting up a business by taking considerable financial risks in order to achieve profits. Entrepreneurship is very important as it helps the entrepreneurs to make money and enhance their standard of living. The entrepreneurs initiates innovation which provides them a competitive advantage over other businesses in the market. Initiation of a new business helps to provide employment to many individuals which thereby enhances the development of economy. A goal of a business owner or an entrepreneur is simply to be successful, make money and in order to achieve this, it is important to implement effective business goals.
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