ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Basic arithmetic and knowledge of basic record keeping are needed for the entrepreneur to make purchase decisions, calculate profit, and complete financial statements.
A
Math Skills
B
Technical Skills
C
Human Relations Skills
D
Communication Skills
Explanation: 

Detailed explanation-1: -Mathematics helps an entrepreneur to understand his or her strategies in marketing and how to improve better. Entrepreneurs with sound knowledge of mathematics often perform better than their counterparts who are not proficient in the subject.

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: -The number one quality of an entrepreneur is self-discipline. You need to do the work-even when you don’t feel like it. If you have a day job, this could mean working long hours. You’ll need the self-motivation to wake up early or stay up late as you start your new venture.

Detailed explanation-4: -Entrepreneurs develop a plan of action and must make decisions to help achieve that plan. Entrepreneurs want to make their own decisions. They set their own schedules and are able to work without supervision. Entrepreneurs believe in themselves.

There is 1 question to complete.