INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Future oriented
|
|
|
Able to set your own standards
|
|
|
Profit oriented
|
|
|
Goal oriented
|
Detailed explanation-1: -Return on investment is a simple ratio that divides the net profit (or loss) from an investment by its cost. Because it is expressed as a percentage, you can compare the effectiveness or profitability of different investment choices.
Detailed explanation-2: -Overcome financial obstacles The first advantage of having someone invest in your company is that they can help you overcome financial obstacles to develop and grow as a business. This could include getting a loan approved by a bank.
Detailed explanation-3: -ROI is a simple calculation that shows the amount an investment returns compared to the initial investment amount. IRR, on the other hand, provides an estimated annual rate of return for the investment over time and offers a “hurdle rate” for comparing other investments with varying cash flows.