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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Risk Taker
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Human Relations Skills
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Problem-solving & Decision-making Skills
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Independent
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Detailed explanation-1: -not being afraid of things going wrong. thinking of new ideas or new ways of doing things.
Detailed explanation-2: -Sign #5-Innovation Entrepreneurs who possess this trait are constantly looking for ways to improve and change the status quo. They are not afraid to think outside of the box and try new things, which can give them a competitive edge in the marketplace.
Detailed explanation-3: -Aggressive risk taker – a very high risk taker This is the characteristic of an entrepreneur who is not scared to take any risks in business and is extremely goal driven.
Detailed explanation-4: -Being a risk-taker is often described in contrast to those who are risk-averse. Being a risk-taker, as defined above, means being bold, decisive, confident, courageous, creative, innovative, and comfortable with uncertainty. Being risk-averse, in contrast, means making decisions that are the least risky.
Detailed explanation-5: -A person who undertakes the risk of starting a new business venture is called an entrepreneur.