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NO HANDWRITTEN OR COPIED ANSWERS PLEASE Why is flexibility important in an entrepreneur?

NO HANDWRITTEN OR COPIED ANSWERS PLEASE

Why is flexibility important in an entrepreneur?

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Flexibility is one of the attribute of a successful entrepreneur because an entrepreneur should be flexible enough to make decisions in the changed business conditions, flexibility adds the capacity to adjust the proposal or business operations as per the change in environment. As we know that a a newly establish business is highly risky proposal due to dynamic business environment and change in various environmental factors like political, social, cultural, economical and technical. To get success, a flexible approach helps in altering the policies, practices and positions as per the change conditions and environment

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