ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneur responsibilities include: Setting the direction and establishing the desired image for the business. Seeking new directions and ways to improve and grow the company. Overseeing financial records and taking action, such as securing a new line of credit to handle unforeseen events.

Detailed explanation-2: -The two main functions of entrepreneurs are first, taking the risk of developing new products or services and, second, successfully bringing new products and services into the marketplace.

Detailed explanation-3: -Negotiation, confidence, and networking are three communication skills that are extremely useful for business owners. Negotiation: When creating business deals with investors, clients, suppliers and whoever else you need to work with negotiation is extremely important.

Detailed explanation-4: -Mental ability:-to have creative thinking and must be able to analyse situations and problems. Business Secrecy:-he should protect his business secrets from his competitors. Clear objectives:-must have a clear objectives of what to be pursued in the future.