BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Spontaneous Entrepreneur: These entrepreneurs start their business because of their natural talents.

Detailed explanation-2: -d)Spontaneous entrepreneur:These entrepreneurs start their business out of their natural talents. They arepersons with initiative, boldness and confidence in their ability which motivate them to undertakeentrepreneurial activity. 4. According to GrowthThe development of a new venture has greater chances of success.

Detailed explanation-3: -Imitating entrepreneurs: The imitating entrepreneurs are those who immediately copy the new inventions made by the innovative entrepreneurs. These do not make any innovations by themselves; they just imitate the technology, processes, methods pioneered by others.

Detailed explanation-4: -Ans: An Entrepreneur is the one who perceives opportunity, organizes resources needed for exploring that opportunity and exploits it.

Detailed explanation-5: -Entrepreneurial traits or talents–such as risk taking, self-efficacy, initiative, and creativity–affect behaviors–such as goal setting, failure tolerance, and experimentation–that in turn, result in business creation and success.