BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Lakshmi Mittal
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Ratan Tata
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Azim Premji
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Dhirubhai Ambani
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Detailed explanation-1: -Running a business is a serious affair as this quote from Azim Premji indicates. Apart from your idea, there are challenges such as funding, market validation, product market fit etc for a startup idea to succeed.
Detailed explanation-2: -"Success is achieved twice. Once in the mind and the second time in the real world.” “Leadership is the self-confidence of working with people smarter than you.” “You cannot get into business for the fashion of it."
Detailed explanation-3: -Azim firmly believes that businesses have a responsibility to employ ethical, fair, and ecologically sensitive business practices, and to engage with fundamental societal issues.
Detailed explanation-4: -Premji renamed the company Wipro in 1977, and in 1979, when the Indian government asked IBM to leave the country, he began to steer the company toward the computer business. Wipro established a number of successful international partnerships in the 1980s to help it build computer hardware for sale in India.