INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
True
|
|
|
False
|
|
|
Either A or B
|
|
|
None of the above
|
Detailed explanation-1: -The arts and sciences bring to bear a range of skills, including creative problem-solving, strong communication and the ability to learn new things, that are critical for any entrepreneur. These skills can help transform a good idea into a great one and a so-so company into a successful one.
Detailed explanation-2: -Entrepreneurship is an art and not a science. It is all about being creative and having a vision for a business and much less about science and facts. Businesses thrive when people put passion into them and do creative things for them, and that is why artists make such great entrepreneurs.
Detailed explanation-3: -It is a practice.”-Peter Drucker.
Detailed explanation-4: -A good entrepreneur is a scientist In its purest meaning, entrepreneurship is taking a financial risk in hopes of profiting from providing a solution to a problem. A good entrepreneur utilizes the scientific method when attempting to start a business creating experiments and learning from results.