ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
An entrepreneur must have a convincing power, what competency he/she possessed?
A
Decisive
B
Communicator
C
Leader
D
None of the above
Explanation: 

Detailed explanation-1: -Proactive. A person who enters any door is bound to see the right door. A person who can produce a definite result could persuade their audience.

Detailed explanation-2: -In other words, successful entrepreneurs need to be persuasive. A persuasive entrepreneur is not only able to convince customers to buy, but also to create a strong network of connections excited about helping their organization or idea grow. Unfortunately, persuasion isn’t a skill most people can develop overnight.

Detailed explanation-3: -Entrepreneurship competencies combine creativity, a sense of initiative, problem-solving, the ability to marshal resources, and financial and technological knowledge. These competencies enable entrepreneurs and entrepreneurial employees to provoke and adapt to change.

Detailed explanation-4: -Common Competencies in Entrepreneurship 1. Decisive-an entrepreneur must be firm in making decisions. 2. Communicator-an entrepreneur must have a convincing power.

Detailed explanation-5: -Initiative. Systematic planning. Creativity and innovation. Risk taking and Risk Management. Problem solving. Persistence. Quality performance. Information management. More items

There is 1 question to complete.