INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A network entrepreneur is an individual who identifies his or her business idea ____
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on their own
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through the assistance of a paid consultant
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through social contacts
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with one or more partners
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through a business incubator program
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Explanation:
Detailed explanation-1: -The correct answer is (c) with one or more partners.
Detailed explanation-2: -Specialist entrepreneurs are analytical and avoid risks, have a strong skill set in a specific area obtained through education or apprenticeship. Specialist build out their business through networking and referrals, resulting in slower growth than a builder.
Detailed explanation-3: -Private Entrepreneur: A private entrepreneur is one who as an individual sets up a business enterprise. He / she it’s the sole owner of the enterprise and bears the entire risk involved in it.
There is 1 question to complete.