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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How are grandparents, Wachovia Bank, and credit unions classified?
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Friends and relatives of the entrepreneur
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Legal protection for the new business
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Marketing strategies for the new business
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Potential investors for an entrepreneur
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Explanation:
Detailed explanation-1: -It is useful to break the entrepreneurial process into five phases: idea generation, opportunity evaluation, planning, company formation/launch and growth.
Detailed explanation-2: -They Ask Questions Entrepreneurs have a naturally inquisitive personality. By asking questions, they learn the ‘whys, ‘ why nots’ and ‘what ifs’ connected to making things happen.
Detailed explanation-3: -Communication Skills. Being a great entrepreneur means being people-oriented and having good communication skills – along the way, you will surely need to communicate with business partners, employees, and customers.
There is 1 question to complete.