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Why is networking beneficial in entrepreneurship?

Answer and explanation

Correct answer: To get support, information, and opportunities

Networking creates useful professional relationships with customers, suppliers, mentors, investors, peers, and other stakeholders. Such contacts can provide information, feedback, resources, collaboration, referrals, and new opportunities. Isolation reduces access to these benefits, while reducing customers or learning is not the purpose of networking.

Related tags

NetworkingOpportunitySupportEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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