BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ENTREPRENEURIAL DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneur being a good innovator
A
True
B
False
Explanation: 

Detailed explanation-1: -The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bring good new ideas to market.

Detailed explanation-2: -Innovators create new products, services, or ways of doing things while entrepreneurs turn those ideas into viable businesses concepts. If you believe you have developed a better way of providing a service to a client, for example, then you’re innovating.

Detailed explanation-3: -True innovators are great at identifying needs and developing solutions, but they know there’s no guarantee their solution is going to be a winner. All entrepreneurs are willing to take risks, and innovators are willing to go even further and risk going where no one has gone before.

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