Question

I triggered entrepreneurs to start a business when they were laid off at their previous place...

I triggered entrepreneurs to start a business when they were laid off at their previous place of work, who am I?
A. Go factors
B. Push factors
C. Hold factors
D. Move factors
E. Pull factors

Homework Answers

Answer #1

Option E that is pull factors

As the factor has offered opportunities to the entrepreneur to start a new business when they were laid off in their previous business

So pull factors are positive ones for example these can include market size, easy and cheaper credit facilities, ease of doing business and other economic and social conditions .

While push factors are a negative ones like they push the entrepreneur to find some other ways and lid them off however not always be negative for example govt supports to trade globally then in the domestic market  

Both the push and pull factors go hand in hand

Factor that Motivates to start a business are pull factors

Factors that to laid off the previous business are push factors.

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