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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Technopreneur
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Cyberpreneur
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Either A or B
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None of the above
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Detailed explanation-1: -E-Business (electronic business) is any process that a business organization conducts over a computer-mediated network.
Detailed explanation-2: -Cyberpreneurship refers to entrepreneurs who use digitalisation to start, promote their business/ services through innovative techniques to create and sustain growth in this competitive market.
Detailed explanation-3: -An online entrepreneur is a business owner that conducts their business on the internet. Like other entrepreneurs, they often take financial or other personal risks to launch their own company. Online entrepreneurs may use a variety of business models to provide products or services.
Detailed explanation-4: -Coasting, opportunity comes to them (or it doesn’t) Conservative (very moderate use of resources, protecting existing resources) Aggressive (proactive, all-in, actively seeks opportunity) Innovator/Revolutionary (attains growth through innovation)