ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is a characteristic of a entrepreneur?
A
stubborn
B
opinionated
C
motivitional
D
indecisive
Explanation: 

Detailed explanation-1: -The drive to go through a process, which is usually not simple, stems from internal motivation, self-ambition. Such motivation is one of the characteristics of the entrepreneur. Being an entrepreneur means taking responsibility for the situation and taking steps to change it.

Detailed explanation-2: -Entrepreneurs set up businesses for a number of different reasons. Most commonly, these fall under three categories: financial, non-financial and social/community, eg social enterprises.

Detailed explanation-3: -In analyzing what ends up driving these entrepreneurs, researchers and observers find 4 particularly strong motives: control, freedom, impact and wealth (in alphabetical order.) Some or all of these motivations may be important to you as an entrepreneur.

Detailed explanation-4: -1) Creativity. 2) Professionalism. 3) Risk-taking. 4) Passion. 5) Planning. 6) Knowledge. 7) Social Skills. 8) Open-mindedness towards learning, people, and even failure. More items

Detailed explanation-5: -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.

There is 1 question to complete.