ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
An understanding of the historical perspectives and the rationale of the various government policies on the development of entrepreneurship in Malaysia is a necessary requisite for Malaysians to understand the country’s ____ history and challenges, so as to enable them to contribute towards building the nation.
A
economic
B
religious
C
social
D
psychological
Explanation: 

Detailed explanation-1: -Entrepreneurial Activities In Malaysia Entrepreneurship has a significant role in determining the progression of economy in a nation. In fact, it is one of the many essential factors that appear to aid in creating jobs and boosting the economic growth of a country.

Detailed explanation-2: -The government set Programmes to help entrepreneurs in the field of technique, finance, market and entrepreneurial development so that they help to accelerate and adopt the changes in industrial development. Various Institutions were set up by the central and State government in order to fulfill this objective.

Detailed explanation-3: -Entrepreneurship Accelerates Economic Growth By creating new products and services, they stimulate new employment, which ultimately results in the acceleration of economic development.

Detailed explanation-4: -Entrepreneurship promotes economic growth, provides access to goods and services, and improves the overall standard of living. Many entrepreneurs also make a positive impact on their communities and improve their well-being by catering to underserved areas and developing environment-friendly products.

There is 1 question to complete.