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 number one reason that people become entrepreneurs is to ____
A
realize financial rewards
B
gain prestige
C
be their own boss
D
continue a family tradition
E
pursue their own ideas
Explanation: 

Detailed explanation-1: -The number one characteristic shared by successful entrepreneurs is passion for their business, whether it is in the context of a new firm or an existing business. This passion typically stems from the entrepreneur’s belief that the business will positively influence people’s lives.

Detailed explanation-2: -Reason 1: Achievement, Challenge, & Learning I know chefs, graphic artists, musicians, clothing designers, vintners, and builders who have become entrepreneurs so they have a way to express their creativity, apply their skills, and solve challenging problems.

There is 1 question to complete.