INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Entrepreneurship needs only a great idea for success
|
|
|
Entrepreneurship is easy
|
|
|
Entrepreneurship is found only in small businesses
|
|
|
Entrepreneurial ventures and small businesses are different.
|
Detailed explanation-1: -(A) Entrepreneurial ventures and small businesses are different. is not recognized as a misconception about entrepreneurship. Explanation: Small business is possessed and overseen by a solitary individual or a small gathering.
Detailed explanation-2: -Thus, External Locus of control is not a characteristic of entrepreneur.
Detailed explanation-3: -The not type of entrepreneurship as a Serial entrepreneurship . Explanation: A serial entrepreneur is someone who is especially creative when it comes to coming up with new business ideas and then putting those ideas into action to establish a new company.
Detailed explanation-4: -Villian is not a type of enterpreneur.
Detailed explanation-5: -Entrepreneur is often aware of the business environment with immense product knowledge, the acceptance of the product or service is known by the feedback of the same, and desire for immediate feedback is not a typical characteristic of an entrepreneur.