ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Generating creative ideas
A
is an important part of being an entrepreneur
B
is helped by fear of failure
C
is not relevant to business in the real world
D
is for artists, not entrepreneurs
Explanation: 

Detailed explanation-1: -Creativity and innovation helps develop new ways of improving an existing product or service to optimize the business. This also allows entrepreneurs to think outside the box and beyond the traditional solutions. Through this opportunity new, interesting, potential yet versatile idea come up.

Detailed explanation-2: -Creative business ideas set companies apart from one another. Without creativity and innovation, every company would follow the same patterns in marketing/promotion, technique, or even the goods and services they may be selling. If we talk about creativity, it’s the main weapon if you want your company to stand out.

Detailed explanation-3: -Creative thinking is crucial to an entrepreneur’s ability to gain traction with their business and maintain forward momentum. It promotes divergent, innovative thought in business processes, product design, and more, and encourages continuous reevaluation of circumstances.

Detailed explanation-4: -For an entrepreneur, creativity is the key to producing new ideas and processes. Creativity isn’t just about coming up with ideas. Creative thinking is a major part of good business acumen, without which your business could just go into the stagnation mode.

There is 1 question to complete.