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6 March, 03:25

If profit-seeking entrepreneurs are going to be successful. How will they succeed?

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  1. 6 March, 04:45
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    Answer: The entrepreneur needs a very good business idea and a good business plan to achieve it.

    Explanation: For an entrepreneur to succeed in business, he needs to have a very good idea that would sell easily in the market.

    After the entrepreneur has decided on the business to venture into, he needs to draw out a plan on how he intends to achieve the business idea, this plan would involve steps for capital generation, location of business, target customers etc.
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