ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
To be successful, the entrepreneur must:
A
ignore the needs and wants of customers.
B
focus on serving the needs and wants of customers.
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Just like time management and organization can be improved with effort, so can an entrepreneur’s focus. It’s all about self-awareness-business owners need to ask themselves what they really want out of life, what they want out of their business, and what they want out of the decisions that they make each day.

Detailed explanation-2: -Finance Skills. Budgeting and knowing how to keep track of finances is essential for entrepreneurs. Communication skills. Being a strong communicator is very important for entrepreneurs. Leadership Skills. Time Management. Sales. 30-Aug-2022

Detailed explanation-3: -Surveys. Feedback boxes. User activity. Usability tests. Reach out directly (through emails)

Detailed explanation-4: -Successful Entrepreneurs are Resilient. Successful Entrepreneurs are Confident. Successful Entrepreneurs are Innovative.

There is 1 question to complete.