INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In the “Idea Brain” video the narrator states that an entrepreneur’s job is to ____
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Find problems and create solutions
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Build a better mousetrap
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Make as much money as possible
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Provide an income for their family
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Explanation:
Detailed explanation-1: -Definition of Entrepreneur An innovator, who has a thought-provoking idea or concept in his/her mind, that has the capability to lead the marketplace. A developer, who develops a business model, to give shape to the idea.
Detailed explanation-2: -Cognitive Skills refer to the mental ability of the entrepreneur to learn new things, generate new ideas, and express knowledge in both oral and written forms. The human brain is responsible for the development of cognitive skills, which are essential in making systematic and effective plans and monitoring them.
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