ECONOMICS (CBSE/UGC NET)

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ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
They should serve as a source of inspiration for their employees. They must be very humble, approachable, friendly, and also know how to listen to people’s concerns. Leaders act on their responsibilities that were given to them. They use their strengths and limitations to make the best of a situation. They must also be decisive and know how to own up to their decisions. They know how to unite the team and bring out the best in every employee.
A
Leaders
B
Specialists
C
Communicators
D
Problem solvers
Explanation: 

Detailed explanation-1: -Customer Relations Service An entrepreneur should know how to build trust and long-term relationships with customers.

Detailed explanation-2: -Entrepreneurs have a talent for recognizing an opportunity even by using the macrolevel data only. Sociable-Soft skills are one of the most important competencies of entrepreneurs. These establish the relationship with the most important assets of the company-its people and its customers.

Detailed explanation-3: -Social entrepreneurship Their main goal is to make the world a better place. They don’t work to make big profits or wealth. Instead, these kinds of entrepreneurs tend to start nonprofits or companies that dedicate themselves to working toward social good.

Detailed explanation-4: -Strong leadership qualities. Leaders are born, not made. Highly self-motivated. Strong sense of basic ethics and integrity. Willingness to fail. Serial innovators. Know what you don’t know. Competitive spirit. Understand the value of a strong peer network.

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