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About Factors Having An Impact On Starting and Operating A Business
Five key factors that influence entrepreneurship are discussed. Cultural factors like attitudes towards business and risk tolerance can encourage or discourage entrepreneurship. Political environments that support business through infrastructure and low taxes versus unstable conditions and high taxes also impact entrepreneurship. Economic factors like the strength of the economy and availability of purchasing power are important. Access to necessary resources like capital, human assets, materials and infrastructure is another major influencing factor. Finally, the skills and psychological orientation of the entrepreneur themselves, including their work ethic and ability to manage risk, are critical to the success of their ventures.
Detailed Information
| Author: | ['Chetan Mungekar'] |
|---|---|
| Publication Year: | 2013 |
| Pages: | 3 |
| Language: | English |
| Format: | |
| Price: | FREE |
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