An entrepreneur can create a strong business strategy to reduce risk.
Entrepreneurs are the individuals who start new firms, taking on the majority of the risks and reaping the greatest gains. Entrepreneurship is the act of starting a business. The entrepreneur is typically thought of as an inventor who develops original ideas for products, services, businesses, and operational needs.
Creating a business strategy is one of the first actions that entrepreneurs may do to lower the risks associated with a new venture. Before beginning, one must determine how much time and money one will devote to their new venture. Market research should also be conducted. This provides insight into the likelihood that your new venture will succeed or fail.
Read more about entrepreneurs on:
brainly.com/question/28505555
#SPJ4
Answer:
it is when you can go to the doctors and you have to pay 1,000
Explanation:
Answer:
Focused differentiation strategy
Explanation:
A focused differentiation strategy is used by organizations that concentrate on having products that have a unique feature that fulfills the needs of a specific target market that is willing to pay more for these products. According to this, the answer is that in this scenario, Organic Eats is following a focused differentiation strategy.
Thanks to cell phones, global refugees can be aided better due to cell phones providind c. migration statistics.
<h3>H
ow have cell phones helped refugees?</h3>
Cell phones have allowed refugees to keep in contact with the outside world which allows their location to be tracked.
As a result of this knowledge of the statistics of their migration, aid organizations can reach these refugees better and take care of them.
Find out more on the importance of cell phones at brainly.com/question/27082130.
#SPJ1
Service, Merchandise, and Manufacturing