ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the textbook, the four characteristics of successful entrepreneurs are ____
A
passion for the business, on the cutting edge of technological change, very charismatic, and tenacity despite failure
B
young and energetic, passion for the business, product/customer focus, and seeks recognition
C
on the cutting edge of technological change, forward thinking, tenacity despite failure, and product/customer focus
D
passion for the business, tenacity despite failure, product/customer focus, and execution intelligence
E
passion for the business, seeks recognition, young and energetic, and execution intelligence
Explanation: 

Detailed explanation-1: -The correct answer is C) passion for the business, tenacity despite failure, product/customer focus, and execution intelligence.

Detailed explanation-2: -You believe in yourself and your abilities Having the belief that you can take your product or business to success is a sign of an effective entrepreneur. This characteristic, more so than the others described, results from self-reflection and development.

Detailed explanation-3: -Successful entrepreneurs have the creative capacity to recognize and pursue opportunities. They possess strong selling skills and are both persuasive and persistent.

There is 1 question to complete.