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Enterprise Formulation

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What is enterprise formulation

It is the process of creating and establishing a new business or organization

What are the steps to enterprise formulation

Idea generation and market research. 2. Business plan. 3. Legal structure and registration. 4. Funding and financing. 5. Infrastructure and resources. 6. Branding and marketing. 7. Launch and growth

What is partnership

It is a formal collaboration between businesses to achieve a common goal

What are the key elements of partnership

<ol> <li>Strategic alliances. 2. Joint ventures. 3. Cross promotion. 4. Supplier partnership. 5. Financial partnerships</li> </ol> Signup and view all the answers

What is networking

<p>It involves creating and nurturing relationships with people who can offer insights, opportunities and support</p> Signup and view all the answers

What are the ways to network effectively

<ol> <li>Attend industry events and conferences. 2. Join professional associations. 3. Use platforms like LinkedIn to build relationships. 4. Engage in community events of initiatives. 5. Build mentor relationships</li> </ol> Signup and view all the answers