ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A(n) ____ is a person who starts his or her own business, instead of working for someone else.
A
mentor
B
entrepreneur
C
employee
D
philanthropist
Explanation: 

Detailed explanation-1: -An entrepreneur is willing to take more risks to create a new business in the market. A solopreneur is a person that creates a business and runs it on their own without the help of other employees.

Detailed explanation-2: -An entrepreneur is an individual who identifies a need in the marketplace and works to fulfill it. The term, historically, has been applied to an individual who starts a business, seeing the ability to fulfill that identified need as an economic opportunity.

Detailed explanation-3: -Entrepreneurs are people who start businesses based on new ideas. They forgo the security of a salaried job to take on their own endeavor, assuming all the risk in hopes of great rewards.

There is 1 question to complete.