ECONOMICS
BARRIERS TO TRADE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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competition
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personal budget
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entrepreneur
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price incentive
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Detailed explanation-1: -An entrepreneur is an individual who has an exclusive idea to initiate and establish a new venture and bring a change in the world. An entrepreneur is highly creative and innovative, takes a risk and endures the unpredictability of business.
Detailed explanation-2: -2. Why is an entrepreneur called a change agent? Whenever and wherever problems occur, the individual seeks to eliminate the problems so that the would could be a better place to live in, a life worth living.
Detailed explanation-3: -An entrepreneur is a person who starts a new business.
Detailed explanation-4: -An entrepreneur is someone who starts a new business.
Detailed explanation-5: -Coasting, opportunity comes to them (or it doesn’t) Conservative (very moderate use of resources, protecting existing resources) Aggressive (proactive, all-in, actively seeks opportunity) Innovator/Revolutionary (attains growth through innovation)