ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A personal characteristic needed to be a successful entrepreneur is inflexibility.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A personal characteristic needed to be a successful entrepreneur is inflexibility. A skill is an ability that you can learn through training and practice. Thinking like an entrepreneur can help you become a more valued employee. Entrepreneur Thomas Edison revolutionized the world of personal computers.

Detailed explanation-2: -You believe in yourself and your abilities Having the belief that you can take your product or business to success is a sign of an effective entrepreneur. This characteristic, more so than the others described, results from self-reflection and development.

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: -An essential component of becoming an entrepreneur is having time flexibility. This includes planning your schedule and providing yourself freedom and independence throughout your working day. Having some flexibility and freedom in, how you arrange your schedule and organize your day is referred to as time flexibility.

Detailed explanation-5: -thus, follower is not a characteristic of entrepreneur.

There is 1 question to complete.