INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Internet-based business
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Home-based business
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Franchise
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Corporate freelance business
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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)