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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Innovator
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Opportunity Seeker
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Committed
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None of the above
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Detailed explanation-1: -1. The ongoing process of considering, evaluating, and pursuing market-based activities that are believed to be advantageous for the firm. Prior experience informs the process, but it may also limit it: opportunity seeking calls for continuous reconsideration and adaptive learning.
Detailed explanation-2: -Become a social media influencer. Sell coffee. Rent your unused space. Security. Construction. Equipment maintenance. 08-Dec-2022
Detailed explanation-3: -Be observant. You need to look for opportunities to find them. Read. Read articles, journals, newsletters and books about your industry to identify promising trends and get new ideas. Educate yourself. Experience life. Consider different perspectives. Network. Take risks. Become an expert. More items •03-Feb-2023
Detailed explanation-4: -Identify Your Pain Points. When searching for potential market needs, start with yourself. Conduct Market Research. Another way to prove whether a business idea is viable is by conducting market research. Question Processes. 05-Apr-2022