INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is the key ingredient of successful entrepreneurial activity?
|
|
Careful planning
|
|
|
Amount of capital
|
|
|
Patience
|
|
|
Relevance of the business
|
Explanation:
Detailed explanation-1: -No entrepreneur makes it to the top of the game without the support of others. This is the reason an important ingredient that all good entrepreneurs have is the ability to build relationships. You can’t just be courteous to each other. The relationships have to be strong and genuine if you want to go far.
Detailed explanation-2: -Self-assurance-The entrepreneur is self-assured, confident in their abilities and knows how to look into the future and plan well. A self-assured person instills further confidence in themselves. Devotion-The entrepreneur is devoted to their goals, working long and hard, day and night to achieve them.
Detailed explanation-3: -Innovation. Risk taking. Vision. Organisation.
There is 1 question to complete.