ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A person doing medical billing from their living room is an example of a/an
A
Internet-based business
B
Home-based business
C
Franchise
D
Corporate freelance business
Explanation: 

Detailed explanation-1: -Some examples of a businessman are the founders of saree shops, furniture shops, grocery stores, garment shops, etc.

Detailed explanation-2: -An entrepreneur is someone who starts a new business.

Detailed explanation-3: -An entrepreneur is a person who opens and manages his or her own business. True. Entrepreneurs, as a general group, dislike risk taking. False. Entrepreneurs are people with vision, drive, and creativity, who are willing to take the risk of starting and managing a business to make a profit.

Detailed explanation-4: -Coasting, opportunity comes to them (or it doesn’t) Conservative (very moderate use of resources, protecting existing resources) Aggressive (proactive, all-in, actively seeks opportunity) Innovator/Revolutionary (attains growth through innovation)

There is 1 question to complete.