L5ADCARE18-1
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Question 1 of 3
Which one of the below is a good technique for identifying your own strengths and weaknesses as an entrepreneur?
SWOT analysis
Competitor analysis
Profit margin
Costs / benefits analysis
When individuals point out a ‘failure’ that occurred while trying to improve operations, you should:
Determine who was responsible and punish accordingly
Help them learn from their mistake
Conceal the failure
Avoid giving them tasks in the future
When someone approaches you with an idea that has some limitations, you can support the effort by:
Agreeing that it is a good idea
Asking if he/she considered why the idea might not work
Pointing out its limitations
Identifying elements of the idea that could work
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