ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneurs are ____ They set goals, make decisions, and act on their decisions.
A
goal-oriented
B
action-oriented
C
self-confident
D
self-demanding
Explanation: 

Detailed explanation-1: -Entrepreneurs are goal-oriented They’re determined to make their business succeed and will remove any obstacles that stand in their way. They also tend to be strategic in their game plans and have a clear idea of what they want to achieve and how they plan to do it.

Detailed explanation-2: -Successful entrepreneurs are action-oriented. This comes from a sense of urgency. They have a high need for achievement, which motivates them to turn their ideas into action.

Detailed explanation-3: -That is why rational decision-making can be the key to the successful management of entrepreneurial companies. Entrepreneurial decision-making can be defined as choice that entrepreneurs make when seeking to exploit identified chances for market success.

There is 1 question to complete.