INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Accountability
|
|
|
Drive
|
|
|
Innovation
|
|
|
Self-confidence
|
Detailed explanation-1: -Innovation in marketing is not only the incorporation of new technology but also the implementation of new effective ideas. Innovation is essential since it helps improve your product or service. With innovation, you can reach new markets, and increase sales and revenue.
Detailed explanation-2: -Product innovation refers to the creation and introduction of a good or service that is new to the market or an improved version of a previous product.
Detailed explanation-3: -There definition said that innovation is a multiple stage process where organizations transform ideas to new products, processes and services so they can stay competitive and somehow different themselves successfully in the market.
Detailed explanation-4: -Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services.
Detailed explanation-5: -Sustaining, or incremental innovation. Breakthrough innovation. Disruptive innovation. Basic research. 07-Nov-2022