INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
The first ride
|
|
|
The third ride
|
|
|
The fifth ride
|
|
|
None of the rides
|
Detailed explanation-1: -Which is the best definition of “marginal benefit?” The added satisfaction or benefit a person gets from buying one more product or service.
Detailed explanation-2: -Knowing and understanding customer needs is at the centre of every successful business, whether it sells directly to individuals or other businesses. Once you have this knowledge, you can use it to persuade potential and existing customers that buying from you is in their best interests.
Detailed explanation-3: -The number one quality of an entrepreneur is self-discipline. You need to do the work-even when you don’t feel like it. If you have a day job, this could mean working long hours. You’ll need the self-motivation to wake up early or stay up late as you start your new venture.
Detailed explanation-4: -Be your own boss. Potentially unlimited income. Choose when and where you work. Make a living doing what you love. Constant growth and development. Choose who you work with. Create a positive impact. More items •08-Nov-2021