ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A good example of an entrepreneur is?
A
Police Officer
B
Gift Shop Owner
C
Checkout Clerk at Target
D
UPS Delivery driver
Explanation: 

Detailed explanation-1: -Entrepreneur Examples Jeff Bezos-Founder of Amazon, a giant e-commerce platform. Jehangir Ratanji Dadabhoy Tata-Indian entrepreneur and founder of TATA group. Gina Rinehart-Australias mining mogul. Jack Ma-Chinese business mogul and founder of Alibaba Group.

Detailed explanation-2: -Entrepreneurs tend to be classified as those who take on high-growth, high-risk innovations while small business owners oversee an established business with an established product and customer base. Successful entrepreneurs are seen as a driving force in the modern economy.

Detailed explanation-3: -Entrepreneurship Requires Talent Entrepreneurship is an art and not a science. It is a set of innate traits that is perfected with time through learning and experience. Not everyone can be a good entrepreneur just like not everyone can be a good actor. Nothing can turn a follower into a leader.

Detailed explanation-4: -Many people often think of entrepreneurs as innovators who introduce new ideas, products, and services to their customers and to the general public. In other words, entrepreneurs are also business owners, but not all business owners are entrepreneurs.

There is 1 question to complete.