ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which are characteristics of entrepreneurs? I innovative II think inside the box III intuitive IV button down thinkers
A
I II III IV
B
I III
C
I IV
D
III II
Explanation: 

Detailed explanation-1: -The skills that will get them started include financial acumen, knowledge of market forces, effective communication, active listening, strategic thinking, network building, negotiation, leadership and motivation, time management and being agents of change.

Detailed explanation-2: -The entrepreneur is defined as someone who has the ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits. The best example of entrepreneurship is the starting of a new business venture.

Detailed explanation-3: -Vision. Innovation cannot happen without vision, the ability to not only recognize opportunity and connect dots, but also the wherewithal to question why a solution does not exist to a problem. Passion. Adaptability. Resilience.

Detailed explanation-4: -Discipline. The number one quality of an entrepreneur is self-discipline. Curiosity. The best entrepreneurs always want to learn more. Creativity. Willingness to try things. Honesty. Always having a plan. Understanding the value of self-care. Taking risks. 14-Apr-2022

There is 1 question to complete.