INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
____ because entrepreneurs are typically try something new, the possibility of failure exists.
|
|
Passion for the business
|
|
|
Product/ customer focus
|
|
|
Execution intelligence
|
|
|
Tenacity Despite Failure
|
Explanation:
Detailed explanation-1: -Persistence Helps Entrepreneurs Succeed From that point on, the entrepreneur’s chance of succeeding with future endeavours rises to 30 percent. Entrepreneurs know they’re likely to encounter some failures on the path to success, which is why persistence is one of the key characteristics of a successful entrepreneur.
Detailed explanation-2: -Lack of Funding. The most common reason for failure for Entrepreneurs is lack of funding. Underestimating Competition. Not Understanding Industry. Underestimating the Work. Fear of Failure. Poor Timing. Badly Defined Market. Poorly Executed Business Plan. More items
There is 1 question to complete.