Question
Explain 3S model of entrepreneurship.
Answer :
Word Count : 306
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The 3S model of entrepreneurship explains that the success of an entrepreneur depends on the effective combination of three important elements: Strategy, Structure, and Systems. These three components work together to help an entrepreneur establish, manage, and expand a business successfully. In food service management, the 3S model provides a practical framework for planning and operating restaurants, catering units, cafeterias, cloud kitchens, and other food businesses. The first element is Strategy. It refers to the long-term plan developed to achieve business objectives. An
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