INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The process of recording and reporting the financial data for a business
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Which personal characteristic of successful entrepreneurs reflects that successful entrepreneurs develop a plan of action and make decisions to help achieve the plan?
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The activities involved in the day-to-day running of a business for the purpose of producing value for the stakeholders.
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None of the above
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Detailed explanation-1: -Decisive And Action Oriented. The final trait that all successful entrepreneurs must possess is being decisive and action-oriented. They must think and make decisions quickly. They discipline themselves to take action and to carry out the decisions they have made.
Detailed explanation-2: -persistent. Entrepreneurs work until the job is done. creative. Entrepreneurs are constantly looking for new ways to solve problems. responsible. An entrepreneur is accountable for his/her actions and does what is required. inquisitive. goal-oriented. independent. self-confident. risk-takers.
Detailed explanation-3: -Discipline. The number one quality of an entrepreneur is self-discipline. Curiosity. The best entrepreneurs always want to learn more. Creativity. Willingness to try things. Honesty. Always have a plan. Understanding the value of self-care. Taking risks. More items