INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Intrapreneur
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ENtrepreneur
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Either A or B
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None of the above
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Detailed explanation-1: -Incubators and accelerators are programs and organizations that help startups get established and grow into successful businesses. They provide services and advice about important parts of starting a business, such as funding, workspace, advertising and e-commerce. Many connect entrepreneurs with investors and mentors.
Detailed explanation-2: -Entrepreneurs create new businesses and in turn create opportunities of employment for people. Many people have been made redundant due to COVID-19, thus starting a business is an opportunity to either work for themselves or they can help support and develop an entrepreneur’s business.
Detailed explanation-3: -An intrapreneur is an employee who is tasked with developing an innovative idea or project within a company. The intrapreneur may not face the outsized risks or reap the outsized rewards of an entrepreneur; however, the intrapreneur has access to the resources and capabilities of an established company.