INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It has no impact to society
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It is a result of product refinement
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It is validated by customers
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None of the above
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Detailed explanation-1: -They Ask Questions Entrepreneurs have a naturally inquisitive personality. By asking questions, they learn the ‘whys, ‘ why nots’ and ‘what ifs’ connected to making things happen.
Detailed explanation-2: -Technopreneurship creates new jobs and can help our nation tackle the unemployment problem to a significant extent. Technological advancement: technopreneurs are innovative individuals.
Detailed explanation-3: -Schumpeter (1934) defines entrepreneurship as activities that produce beneficial results through developing profit-oriented businesses.
Detailed explanation-4: -Passion. More often than not, entrepreneurs are extremely passionate about their work. Motivation. Product or service knowledge. Risk management. Self-confidence. Money management. Vision. Decision-making ability. More items •19-Nov-2022