ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which characteristic of an entrepreneur involves thinking of new ways to sell their products or services to people or to solve financial or operational problem.
A
Goal Oriented
B
Determination
C
Act Quickly
D
Creative
Explanation: 

Detailed explanation-1: -The foundation of innovative entrepreneurship is inventions and new ideas. These entrepreneurs can think about novel ways of doing business and have the potential to turn a new idea into a successful venture. They are business leaders and contribute significantly to the economy.

Detailed explanation-2: -Creativity That’s why it’s important to be creative-to always be thinking of new ways you can improve your company’s workflow, productivity, and bottom line.

Detailed explanation-3: -Informed Risk Taker Entrepreneurship is characterised by risk-taking.

Detailed explanation-4: -1. Innovative entrepreneurs: These entrepreneurs have the ability to think newer, better and more economical ideas of business organisation and management.

Detailed explanation-5: -Innovation: Entrepreneurship involves a continuous search for new ideas. Organizing skills: Risk bearing:

There is 1 question to complete.