ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The ability to fashion a solid idea into a viable business is a key characteristic of successful entrepreneur. Commonly, this ability is though of as ____
A
Execution Intelligence
B
Product/ customer focus
C
Tenacity despite failure
D
Passion for the business
Explanation: 

Detailed explanation-1: -Execution IntelligenceThe ability to fashion a solid idea into a viable business is a key characteristic of successful entrepreneurs. Commonly, this ability is thought of as execution intelligence. in many cases, execution intelligence is the factor that determines whether a start-up is successful or fails.

Detailed explanation-2: -The fashion industry is constantly changing, so a fashion entrepreneur must be able to keep up with these changes and generate new ideas for making their designs stand out from competitors. They must also be innovative in their approach to business, such as developing new marketing strategies and product ideas.

Detailed explanation-3: -Vision. Innovation cannot happen without vision, the ability to not only recognize opportunity and connect dots, but also the wherewithal to question why a solution does not exist to a problem. Passion. Adaptability. Resilience.

There is 1 question to complete.