INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Before starting a business, it is important to identify the kinds of of entrepreneurial opportunities that match your aptitudes and interests.
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True
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Fales
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Ans. Before selecting an opportunity, the entrepreneur should ensure two things : (i) There is a good market for the product he is going to produce. (ii) The rate of return on the investment is attractive to be accepted by him.
Detailed explanation-2: -Conduct market research. Market research will tell you if there’s an opportunity to turn your idea into a successful business. Write your business plan. Fund your business. Pick your business location. Choose a business structure. Choose your business name. Register your business. Get federal and state tax IDs. More items
There is 1 question to complete.