ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Personal traits are behaviors that cannot be strengthened
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Entrepreneurship offers limited personal and financial growth possibilities.
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Most entrepreneurs are born with the skills they need for success.
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Most people have the ability to become entrepreneurs.
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Detailed explanation-1: -1 Answer. The correct answer is Option 1. Raising the necessary funds is very difficult for an entrepreneur. A business can be started with limited money.
Detailed explanation-2: -A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize. An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill. Growing a business requires a sound strategy based on inherent business sense and skills.
Detailed explanation-3: -Freedom and passion, not money, is the main motivation. Nearly two-thirds of respondents said they had started their own business for one of those two reasons.
Detailed explanation-4: -Answer and Explanation: The correct answer is B. an entrepreneur combines the various production factors, including land, labor, and capital, to make products suitable for the consumers in the market.