ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
These Entrepreneurs are very dynamic
A
Corporate Entrepreneurs
B
Business Entrepreneurs
C
Industrial Entrepreneurs
D
Professional Entrepreneurs
Explanation: 

Detailed explanation-1: -Professional Entrepreneur: Professional entrepreneur is a person who is interested in establishing a business, but does not have interest in managing or operating it once it is established. A professional entrepreneur sells out the running business and starts another venture with the sales proceeds.

Detailed explanation-2: -Professional Entrepreneurs: He/she is always looking forward to develop alternative projects by selling the running business. They are not interested in managing operations of the business established by him. By nature they are dynamic.

Detailed explanation-3: -Opening up new markets (usually overseas) Discovering new sources of supply of raw materials or partly-manufactured goods. Re-organizing the structure of an industry (for example, by creating a monopoly or breaking up a monopoly situation)

There is 1 question to complete.