INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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This statement is false because you can learn skills and develop the traits needed to be an entrepreneur
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This statement is true because you either have it, or you don’t.
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Either A or B
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None of the above
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Detailed explanation-1: -The claim that “entrepreneurs are born, not made” captures the idea that entrepreneurial ability is largely determined by a person’s inborn characteristics. Despite longstanding scholarly interest in assessing the validity of this claim, the belief that entrepreneurial ability is inborn remains largely unexamined.
Detailed explanation-2: -Answer: The statement that is not true for entrepreneurs is (c) They do not create jobs. Explanation: Entrepreneurs are individuals who create and operate their own businesses or startups, taking on financial risks in the pursuit of profits and innovation.
Detailed explanation-3: -Here’s the thing: Anyone can develop the mindset of a successful entrepreneur. As the founder of Ford Motor Company, Henry Ford, once said, “Whether you think you can or think you can’t-you’re right.”