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What is the main benefit of networking for an entrepreneur?

Answer and explanation

Correct answer: Increasing access to resources, advice and opportunities

Networking builds useful professional relationships with customers, mentors, suppliers, investors and other entrepreneurs. These connections can provide information, advice, collaboration, resources and new opportunities. Networking does not remove competition or guarantee profit, and it does not mean giving all decisions to others; the entrepreneur remains responsible for choices.

Related tags

NetworkingOpportunitiesIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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