Question

What are some of the difficulties that entrepreneurs face in the modern age? Difficulties such as ____ and _____ pose a challenge to aspiring entrepreneurs today.

(A) Economic changes, technological advancements
(B) Global competition, regulatory hurdles
(C) Market saturation, lack of funding
(D) All of the above

Answer 1

Entrepreneurs in the modern age face challenges such as economic changes, technological advancements, global competition, regulatory hurdles, market saturation, and lack of funding.

Answer 2

Entrepreneurs face difficulties such as economic changes, technological advancements, global competition, and regulatory hurdles in the modern age.

Step-by-step explanation:

In the modern age, entrepreneurs face several difficulties that can pose a challenge to their success. Some of these difficulties include economic changes, technological advancements, global competition, and regulatory hurdles. For example, rapid technological advancements can make it difficult for entrepreneurs to keep up with the latest innovations and stay competitive in the market. Additionally, global competition can lead to market saturation and make it harder for aspiring entrepreneurs to establish a foothold in crowded industries. Furthermore, regulatory hurdles such as government regulations and policies can create barriers to entry and restrict the growth of new businesses.