Answer:
1. Curiosity. Great entrepreneurs are tasked with identifying new problems, identifying potential niche opportunities, refactoring their existing business processes, and innovating. This necessitates a passion for various fields of study and business cases that are outside of one's comfort zone.
2. Time management. Prioritization, milestone definition, execution, and iteration are all critical. None of this would be possible without the proper project management and time allocation methodologies in place to complete the work.
3. Strategic thinking. Learning to break down a problem to its simplest components and identify growth opportunities. Inventive problem-solving and spotting the low-hanging fruit. Defining an MVP's scope and testing concepts in a short amount of time and on a tight budget.
Answer:
Just Choose an side.
Explanation:
Would you rather use a store-bought mix, or a homemade mix? (Just choose one).
For homemade: I chose this because I would like to try something new and make different flavors, if it is a success.
For store-bought: I chose this because I want it to be easy for me to make, and has all the steps on the back of the box.
Answer:
ELASTIC
DECREASING PRICE
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
The demand for your parking lot spaces is elastic. if the price of parking is reduced, the demand for parking would rise
Answer:
because it is always good to have money and understand and then save it and spend it wisely
Explanation:
Some management strategies to promote motivation and communication are encouraging group work and having effective communication channels.
<h3>Why are motivation and communication important?</h3>
These two elements make sure employees give the best of themselves and can report/solve problems efficiently.
<h3>How to promote these elements?</h3>
Some strategies that can be used are:
- Group work: If employees work together in projects they are more likely to communicate; also, this increases motivation as work is shared.
- Communication channels: This makes employees they can easily and effective communicate with subordinates, colleagues and superiors in different situations.
Learn more about communication in: brainly.com/question/22558440
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