BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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wealth
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risk
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plans
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none of these
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Detailed explanation-1: -Entrepreneurs create employment opportunities not only for themselves but for others as well.
Detailed explanation-2: -Pay yourself an increasingly larger salary as you go along; and/or, Build a business organically or through acquisition and then monetize the value of the business you have created by transitioning ownership/selling the business in whole or part.
Detailed explanation-3: -The development of innovative entrepreneurship in the health care system will improve the quality of patient care, increase cost efficiency and reduce risks.
Detailed explanation-4: -An entrepreneur is someone who starts or owns a business. Whether it’s in farming, retail, manufacturing or in the service sector, entrepreneurs are businesspeople who find their success by taking risks. In their pursuits, they often become disruptors in established industries.