ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which skill area shows the ability of entrepreneurs to get along with others and enjoy meeting and talking to people.
A
Communication Skills
B
Math Skills
C
Basic Business Skills
D
Human Relation Skills
Explanation: 

Detailed explanation-1: -It is one of the most desirable skills for entrepreneurs because, through a solid network, they can meet professionals to fund their ideas, access professional business expertise and get feedback on their new venture or idea.

Detailed explanation-2: -The art of building and maintaining good relationships with all the people crucial for their business to run is a vital skill for entrepreneurs to develop. Learning to communicate effectively with people and treating them with respect and understanding are important aspects of developing good inter-personal skills.

Detailed explanation-3: -Listening might be the most important communication skill of all, since it ties into so many applications and situations.

Detailed explanation-4: -Strategic thinking and planning skills To be successful as an entrepreneur, it takes planning and being able to think strategically can allow you to find ways to beat out your competition, grow your market reach or implement effective strategies to reach your goals.

Detailed explanation-5: -Teamwork is highly crucial in running a successful business. Teamwork allows entrepreneurs to provide for the needs of their customers. It also allows them to gain more insights into the products and services of other companies. They should therefore work effectively with their colleagues and supervisors.

There is 1 question to complete.