INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Builders seek to create scalable businesses within a short time frame
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -A scalable startup is one that begins with a lucrative and innovative idea and adopts a profitable business model that can grow quickly into a hugely profitable company. This includes entering a large market and creating a niche for the company’s products.
Detailed explanation-2: -A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model.
There is 1 question to complete.