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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Low risk taking
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Follow decision by others
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The time is limited
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Nature of job is flexible
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Detailed explanation-1: -Apart from the above mentioned qualities, a businessman should possess commonsense, courage, dedication, patience, tact, charm and emotional stability to succeed in business.
Detailed explanation-2: -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-3: -The need for affiliation is not a characteristic of an entrepreneur.
Detailed explanation-4: -Vision. Innovation cannot happen without vision, the ability to not only recognize opportunity and connect dots, but also the wherewithal to question why a solution does not exist to a problem. Passion. Adaptability. Resilience.