INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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He has the ability to convert economic resources and technology into a considerably profitable venture.
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Industrial Entrepreneur
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Corporate Entrepreneur
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Trading Entrepreneur
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None of the above
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Explanation:
Detailed explanation-1: -The entrepreneur has the ability to convert economic resources and technology into a considerably profitable venture. He is found in industrial units as the electronic industry, textile units, machine tools or videocassette tape factory and the like.
Detailed explanation-2: -Such entrepreneurs are called technology entrepreneurs who use to start and continue industries primarily based on science and technology. These entrepreneurs develop new ideas and turn those ideas into technology-based innovations and inventions.
Detailed explanation-3: -The entrepreneurs who establish and run science and technology-based industries are called ‘technical entrepreneurs.
There is 1 question to complete.