identify entrepreneurship support facilities?a) financial b) technology c) region d)all the above
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(D) All of the above.
FInance, Technology and Region all are important factors to entrepreneurship.
Advantages of technology in entrepreneurship.
- The ability to develop new, innovative approaches more effective marketing and promotion.
- New sales avenues.
- Better, more efficient manufacturing techniques.
- Less wastage.
- Easier, faster and more effective communication.
- More efficient stock management and ordering systems.
Advantages of finance in entrepreneurship.
- Boost sales.
- Earn repeat business.
- Attract new customers.
- Increase average order value.
- Improve cash flow.
Advantages of region in entrepreneurship.
- More crowded region boosts buisness.
- Attracts more customers.
- Increase in daily turnover.
All these factors facilitate entrepreneurship in their own ways.
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