The entrepreneur is a goal-driven who perceives opportunities inherent in the exchange of goods with great desire for profit.

ENTREPRENEURIAL PROCESS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	TRUE
B	FALSE
C	Either A or B
D	None of the above

Explanation:

Detailed explanation-1: -THE ENTREPRENEUR AS A MISSIONARYThe entrepreneur is a missionary who perceivesopportunities inherent in the exchange of goods with greatdesire for profit.

Detailed explanation-2: -Entrepreneurs are individuals who are alert to profitable opportunity for exchange of goods and services. He is a missionary who perceives opportunities inherent creates an environment in which success is possible and the possibility of failure is controllable.

Detailed explanation-3: -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-4: -True; Innovation is the process by which entrepreneurs convert opportunities (ideas) into marketable solutions and the means by which they become catalysts for change. The four basic types of innovation are invention, extension, duplication, and synthesis.

There is 1 question to complete.

ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

ENTREPRENEURIAL PROCESS