ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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relying on cash flow
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estimating popular cash
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flexibility and power
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donating personal time
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Detailed explanation-1: -Entrepreneurship gets its reward (i.e. Profit), only after all other factors of production have been rewarded.
Detailed explanation-2: -Freedom to work. Flexibility in schedule. Getting to learn new things everyday. Financial independence.
Detailed explanation-3: -Flexibility: Successful entrepreneurs understand that the world and the environment in which they operate are constantly changing. While they must focus on the end game, they must adapt their strategies and offerings to meet changing market conditions.
Detailed explanation-4: -As an entrepreneur, you can pursue your passion and also make money, while being your own boss. Once the starting period of pitfalls and hurdles is over, you can start reaping the benefits of your hard work and sacrifice. Entrepreneurship provides you with the freedom to control and shape your professional life.