ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A second defining characteristic of successful entrepreneur is a ____
A
creativity and innovation
B
product or services
C
product or customer focus
D
Customer intention
Explanation: 

Detailed explanation-1: -“An entrepreneur with a product/customer focus is one that clearly understands the needs and wants of their customers and thereby producing and developing products that enhance people’s lives, but also products that meet and satisfy customer needs and wants.”

Detailed explanation-2: -Some of the most important entrepreneurial traits are: Passion. Risk taking ability. Persisting nature. Innovative.

Detailed explanation-3: -Vision. Innovation cannot happen without vision, the ability to not only recognize opportunity and connect dots, but also the wherewithal to question why a solution does not exist to a problem. Passion. Adaptability. Resilience.

There is 1 question to complete.