ENTREPRENEURSHIP

INNOVATION AND CREATIVITY

INNOVATION IN ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which type of business is known for often being the most innovative?
A
Old business
B
New business
C
Small business
D
Large business
Explanation: 

Detailed explanation-1: -The most common type of business structure for small businesses is sole proprietorships. This is because they are the easiest business structure to form with the least amount of government regulation.

Detailed explanation-2: -Innovative Entrepreneurs This type of an entrepreneur is more interested in introducing some new ideas into the market, organization or in the nation. They are drawn towards innovations and invest a lot of time and wealth in doing research and development.

Detailed explanation-3: -Website and app development. It should be no surprise that tech is one of the fastest-growing industries. Financial consulting. Online business consulting. Information security. Digital marketing. Social media marketing. Writer or author. Graphic design. More items •07-Apr-2023

Detailed explanation-4: -Sole proprietorship. A sole proprietorship is easy to form and gives you complete control of your business. Partnership. Partnerships are the simplest structure for two or more people to own a business together. Limited liability company (LLC) Corporation. Cooperative.

There is 1 question to complete.