QUESTION 1 Discuss five major challenges and emerging issues that have impacted on the new venture...

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QUESTION 1 Discuss five major challenges and emerging issues that have impacted on the new venture creation.(15marks)
 QUESTION 2 a. Describe five essential qualities that an entrepreneur should identify in a business opportunity.(5marks)
 b. Discuss policy issues at the macro level that could hinder or facilitate new venture creation. (10marks)
 QUESTION 3 a. Explain the rewards and opportunities for entrepreneurial ventures. (9marks)
 b. Explain three most common mistakes entrepreneurial firms make with respect to intellectual property rights. (6marks)
  
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Amar Kumar · Accepted Answer

1) Regardless of how huge or little, every firm experiences different normal difficulties. In any case, some are totally private venture issues. These incorporate employing the ideal individuals, fabricating a brand, fostering a client base, etc. [1] Keeping one is the bigger test for any business person.
 These are the two biggest obstacles for venture-
i. Fiscal Management- Verifiably vital for any business, having sufficient money available to cover the bills is additionally fundamental for everybody. Growing a business is unimaginable when you end up without a doubt having a difficult time. Business visionaries ought to either get more pay or forceful advancement to keep away from this issue.
ii. Quality and Growth in Balance- Between unpleasant work and a dreadful accentuation on greatness, there is an immense center ground. Numerous entrepreneurs find that they are reliant upon these inclinations, frequently to the hindrance of their outcomes. [2] The business visionary should strike a tradeoff that permits development while safeguarding the brand.
2) The present professional workplace requires versatility, amazing preparation, and progressive abilities to succeed.

QUESTION 1 Discuss five major challenges and emerging issues that have impacted on the new venture creation.(15marks) QUESTION 2 a. Describe five essential qualities that an entrepreneur should...

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