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TEST NAME: 41 What is one challenge many entrepreneurs must overcome during the implementation stage of a business plan? O The need to welcome
TEST NAME: 41 What is one challenge many entrepreneurs must overcome during the implementation stage of a business plan? O The need to welcome new ideas and opportunities O The need to communicate the excitement of one's vision O The need to pursue long-range goals O The need to delegate key tasks to others NEXT >> BOOKMARK CLEAR TEST NAME: VQC2 43 Which overall goal should an entrepreneur strive for during the process of moving from inception to implementation of the business plan for a new venture? Build a systern of contingency plans that anticipate every obstacle and its solution Build a structure that emphasizes personal satisfaction over compliance with abstract policies Build a leadership team that will remain loyal to the entrepreneur in all situations Build an organization that can effectively put into action the entrepreneurial idea NEXT > BOOKMARK CLEAR TEST 42 Why can funding a new venture with internal cash be challenging for many entrepreneurs? The entrepreneurs may not yet have any income coming into their businesses The entrepreneurs may lack strong credit scores or otherwise be bad candidates for loans O The entrepreneurs may be unwilling to give up control or ownership in the new venture O The entrepreneurs may not have personal wealth or families who can afford to make loans NEXT >> BOOKMARK CLEAR
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