ECONOMICS (CBSE/UGC NET)

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ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneurs are experts in their chosen business. They are tactical and are very keen with details. When asked about the specifics of their product or service, they can easily answer without heavily relying on their people. They understand the totality and specificity of their business. As a result, they can easily think of innovating and improving the product or service offerings because they know their intricacies.
A
Problem solvers
B
Specialists
C
Communicators
D
Leaders
Explanation: 

Detailed explanation-1: -entrepreneurs are experts in their chosen business. They are tactical and are very keen into details. They understand the totality and specificity of their business. Entrepreneurs already enjoy seeing their people flourish, stepping up and producing great results with minimal supervision.

Detailed explanation-2: -Entrepreneurs are experts in their chosen business. They are tactical and very keen with details. Entrepreneurs possess critical thinking skills and look at problems as challenges and puzzles that they need to solve.

Detailed explanation-3: -A lifestyle entrepreneur is an individual who creates a business for the purpose of changing their lifestyle instead of making profits. This type of entrepreneur usually wants to create a business because they are passionate about it and believe that it will be personally rewarding for them.

Detailed explanation-4: -Leadership. One of the most important characteristics of an entrepreneur is the ability to lead. Vision. Entrepreneurs who are truly blazing new trails always have a vision in mind. Motivation. Positivity. Risk-inclined. Creativity. Adaptability. Tenacity. 27-Jun-2017

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