INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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(p. 6) Which of the following is not an element of the entrepreneurial definition?
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Implementing the innovation
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Devoting time and effort
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Assuming risks
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Creating something new
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Explanation:
Detailed explanation-1: -The Four Key Elements of Innovation: Collaboration, Ideation, Implementation and Value Creation. Innovation requires collaboration, ideation, implementation and value creation.
Detailed explanation-2: -While there is no one-size-fits-all blueprint for success, what’s common to the stories of entrepreneurs across the board is passion, innovation, leadership, foresight and incredible financial acumen.
Detailed explanation-3: -Innovation. Risk taking. Vision. Organisation.
There is 1 question to complete.