BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Innovative Entrepreneur
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Imitative Entrepreneur
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Drone Entrepreneur
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Detailed explanation-1: -(b) Imitative Entrepreneurs: These are characterized by readiness to adopt successful innovations inaugurated by successful innovating entrepreneurs.
Detailed explanation-2: -Innovative Entrepreneurs This type of an entrepreneur is more interested in introducing some new ideas into the market, organization or in the nation. They are drawn towards innovations and invest a lot of time and wealth in doing research and development.
Detailed explanation-3: -Open-mindedness supports creativity, problem solving, and innovation. Taking the time to explore new ideas, dream, reflect, and view situations from a new perspective contribute to the entrepreneurial mindset.
Detailed explanation-4: -Innovation-It should be highly innovative to generate new ideas, start a company and earn profits out of it. Change can be the launching of a new product that is new to the market or a process that does the same thing but in a more efficient and economical way.