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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An entrepreneur is someone who assumes the major risks of a new business by committing which of the following?
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Equality
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Time
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Career
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All of the above
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Explanation:
Detailed explanation-1: -A person who undertakes the risk of starting a new business venture is called an entrepreneur.
Detailed explanation-2: -Which of the following is NOT considered a risk of being an entrepreneur? Providing value to others is considered a benefit of being an entrepreneur, not something you have to risk.
Detailed explanation-3: -Funding of capital. Adequate cashflows. Social and family pressures. Interference with personal lives. psychological pressure. Lack of motivation.
There is 1 question to complete.