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PPT: Entrepreneurial Journey | Entrepreneurship Class 11 - Commerce PDF Download

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FAQs on PPT: Entrepreneurial Journey - Entrepreneurship Class 11 - Commerce

1. What are the key steps to start an entrepreneurial journey in commerce?
Ans. To start an entrepreneurial journey in commerce, you need to first conduct market research, develop a business plan, secure funding, register your business, and build a strong online presence.
2. How can networking help in the success of an entrepreneurial venture in commerce?
Ans. Networking can help in the success of an entrepreneurial venture in commerce by providing opportunities for partnerships, collaborations, mentorship, and access to potential customers or investors.
3. What are some common challenges faced by entrepreneurs in the field of commerce?
Ans. Some common challenges faced by entrepreneurs in commerce include fierce competition, cash flow management, scaling the business, and adapting to changing market trends.
4. How important is innovation in driving growth for a commerce-based entrepreneurial venture?
Ans. Innovation is crucial in driving growth for a commerce-based entrepreneurial venture as it helps differentiate your business from competitors, attract customers, and stay ahead in the market.
5. What role does digital marketing play in the success of an entrepreneurial journey in commerce?
Ans. Digital marketing plays a significant role in the success of an entrepreneurial journey in commerce by helping reach a larger audience, increase brand visibility, and drive sales through online channels.
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