ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -An advantage of entrepreneurship is that nobody tells an entrepreneur what to do. Researchers have determined that successful entrepreneurs (a) want to make their own decisions, (b) do not always know what they want, (c) like to have someone else make decisions, (d) do not need to set goals.
Detailed explanation-2: -Entrepreneurs may even create entirely new industries that become the engines of future growth. The new products or services created by entrepreneurs result in new wealth from the new markets. Additionally, higher earnings due to entrepreneurship can help boost national income.
Detailed explanation-3: -Stress is one of the most significant disadvantages of being an entrepreneur.
Detailed explanation-4: -Freedom to work. Flexibility in schedule. Getting to learn new things everyday. Financial independence. Boosts self confidence. Provides opportunities for self growth and development. Generating wealth for self as well as business. More items