ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneurs are wanting
A
Their customers to be happy.
B
Little Rewards
C
High Profits
D
Growth
Explanation: 

Detailed explanation-1: -Growth is crucial to the long-term survival of a business. It helps to acquire assets, attract new talent and fund investments. It also drives business performance and profit.

Detailed explanation-2: -A subset of growth-oriented entrepreneurs includes those who create break-out, high-growth companies that expand rapidly in terms of revenues and job growth. These business establishments represent less than five percent of all businesses, yet create upwards of two-thirds of all business growth and job creation.

Detailed explanation-3: -Why is growth mindset important? Entrepreneurs face many obstacles to start a new business. They need to define their goals, gather resources, prepare their product or service, find customers, and much more and having a growth mindset can help you overcome the daily grind and stay focused on your goals.

Detailed explanation-4: -The entrepreneur mindset is growth-oriented. Entrepreneurs believe they can grow as people, learn new things, and develop new skills. They believe that-with some consistent effort-they can shape themselves into whomever they want to be.

There is 1 question to complete.