ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneurs look for business ideas and new and better ways to solve problems.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Entrepreneurs must be productive, even in the face of risk. They often rely on intuition as well as on hard facts in making a choice. They ask what problem needs to be solved, think about solutions, and then consider the means necessary to implement an idea. And the decisions must be informed with research.

Detailed explanation-2: -Ask family and friends. The first place any entrepreneur should look when coming up with new business ideas is their own network of family and friends. After all, these are the people who know you best and will be most likely to support your new venture.

Detailed explanation-3: -Brainstorming a list of your skills, hobbies, interests and problems that you’d like to see solved in your own life can serve as an invaluable starting point for finding niche opportunities. Sometimes, entrepreneurs can even identify niche business opportunities by combining aspects from different interests.

Detailed explanation-4: -Start an appliance repair business. Start an equipment cleaning & repair business. Start an auto repair business. Start an ac repair business. Start a chimney repair business. Start a language translation service. Create an online course. Start a child care business. More items •28-Nov-2022

There is 1 question to complete.