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max2010maxim [7]
3 years ago
7

Identify and explain in detail 5 objectives of an entrepreneur

Business
1 answer:
artcher [175]3 years ago
5 0

Answer & Explanation:

1). PROFITABILITY: Every entrepreneur wants to get and stay profitable. This is a fundamental business goal.

2). EXCELLENT CUSTOMER SERVICE: A customer is seen as the king as without him there is no business. Excellent customer service is a skill and an objective of every enterprenuer.

3). EMPLOYEE ATTRACTION AND RETENTION: A low staff turnover is important for a business as it helps an entrepreneur stay in business.

4). SUSTAINABLE GROWTH: Going concern of a business is an important objective to an enterprenuer.

5). ALIGNING MARKETING AND SALES: Marketing and sales translates to income for a business as its activities generates revenue and keeps the business afloat.

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A stabilized budget is used to forecast income and expense over some period of years.

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Which choice BEST describes what might happen to unemployment rates, if minimum wage laws were repealed?
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