INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Innovation
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Process
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Promotion
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None of the above
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Detailed explanation-1: -Innovation is a key function of the entrepreneurship process. It is the process by which entrepreneurs convert opportunities into marketable ideas. The innovation process is more than just a good idea. Innovation combines the vision to create a good idea with the perseverance to implement the concept.
Detailed explanation-2: -Innovation in Entrepreneurship Benefits: Entrepreneurship innovation can open the doors of various opportunities by helping the business keep up with current market demands and trends.
Detailed explanation-3: -Innovation enhances the nature, creativity, and design thinking process of a brand. A new business can attain the height of success by learning the steps of creativeness. Innovation in Entrepreneurship can open the doors of various opportunities by helping the business to keep up with the current trends.