Questions Entrepreneurs Ask - Unit 1 Flashcards
1
Q
It’s vitally important that entrepreneurs ask themselves questions when they start their own business because… Name at least 2
A
- Helps make important decisions
- Identifies potential problems and pitfalls
- Helps develop aspects of the business plan
- Helps identify business objectives
2
Q
How? Where? And when? are examples of…
A
Questions entrepreneurs ask themselves
3
Q
What if? Questions are very important because…
A
Allows the entrepreneur to assess the value and likelihood of any possible outcome. E.g what if my business looses money
4
Q
In multiple choice questions it is more likely to be _____ questions that where and when questions
A
What
e.g what does she have to spend?
