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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hobbies and sales experience
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interests and past experiences
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interest and sales experience
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hobbies and athletic ability
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Detailed explanation-1: -1 Answer. Before selecting an opportunity, the entrepreneur has to ensure two things: (i)There should be a good market for the product he is going to introduce/ produce. (ii)The rate of return on the investment should be maximum and attractive and can be accepted by him.
Detailed explanation-2: -Even before the business was started, the entrepreneur was committed to the idea of it. Planning, making lists, doing research-these are the things that took up their time even before the company was launched. An entrepreneur who is truly committed simply cannot help themselves.
Detailed explanation-3: -Sacrifice – Are you willing to sacrifice short term to benefit in the long term? Experience – Do you have some business or related experience? Leadership – Do you like being the leader? Organization – Are you organized? Optimism – Are you optimistic?