INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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They can find solutions and turn such problems into opportunities. Problem solving relates to all aspects of business.
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So they can identify problems quickly and make the necessary changes.
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They are able to see where things go wrong.
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They need to be able to find solutions quickly.
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Detailed explanation-1: -Problem-solving is one of the most important aspects of entrepreneurship. As both the founder of your organization and the leader of your team, you’ll be responsible for identifying and solving the problems of your customers, partners, employees and your company, in general.
Detailed explanation-2: -Problem-solving enables us to identify and exploit opportunities in the environment and exert (some level of) control over the future. Problem solving skills and the problem-solving process are a critical part of daily life both as individuals and organizations.
Detailed explanation-3: -Problem-solving in business is defined as implementing processes that reduce or remove obstacles that are preventing you or others from accomplishing operational and strategic business goals.
Detailed explanation-4: -Critical thinking skills It helps entrepreneurs assess a situation and come up with a logical solution. Employers look for candidates with critical thinking because it helps solve problems and build strategies for business growth.