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What is the practical benefit of networking for an entrepreneur?

Answer and explanation

Correct answer: It can provide advice, resources, partnerships, and opportunities

Networking builds purposeful relationships with customers, suppliers, advisers, institutions, and other entrepreneurs. These connections may provide useful advice, information, resources, partnerships, referrals, or market opportunities. Networking does not eliminate every expense, guarantee automatic sales, or prevent all mistakes. Its value is access to knowledge and cooperation that can improve decisions and growth.

Related tags

NetworkingPartnershipsEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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