University of Central Florida (UCF) ENT3613 Creativity and Entrepreneurship Practice Exam 1

Question: 1 / 400

What is the primary goal entrepreneurs aim for when starting a business?

Reducing costs

Creating a strong brand image

Growing sales

The primary goal entrepreneurs aim for when starting a business is to grow sales. This focus on sales growth is essential because it directly ties into the overall success and sustainability of the business. Growing sales means that the business is generating revenue, which is critical for covering costs, investing in operations, and ultimately making a profit.

Sales growth is often indicative of market demand, customer interest, and the effectiveness of the business model. Entrepreneurs typically strive to identify market needs and provide solutions that meet those needs, leading to increased sales. While aspects like cost reduction, brand image, and international expansion may be important for strategic development, they generally serve as supporting activities aimed at facilitating sales growth. Therefore, the primary objective is fundamentally about increasing sales to establish a thriving business.

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Expanding internationally

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