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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The financial rewards.
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A desire to be independent.
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Risk-taking.
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All the above.
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Detailed explanation-1: -Which could provide an individual with the motivation to start a new business venture? The financial rewards. A desire to be independent. All the above.
Detailed explanation-2: -People become entrepreneurs for various motives that include generating wealth, a vision of transforming people’s lives, autonomy and a sense of accomplishment.
Detailed explanation-3: -The literature suggests that there are several factors that are taken into consideration when planning a new venture, including the idea itself, potential customer demand, the market gap, scalability, start-up costs and market attractiveness.
Detailed explanation-4: -A Business Idea. Knowledge or Expertise. Market or Demand. Start-up Costs. Capital and Finance. Competition. Location. Staff. More items •17-Oct-2018