INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
An entrepreneurship primary motivation for starting a business is
|
|
To make money
|
|
|
To be independent
|
|
|
To be famous
|
|
|
To be powerful
|
Explanation:
Detailed explanation-1: -The main or basic motive for starting a business is always is to be independent. To work independently in one’s own ways is the primary motivation to start a venture.
Detailed explanation-2: -An entrepreneur is his own boss, so he is independent to take decisions. As opposed to intrapreneur, who works for the organisation, he cannot take independent decisions. This is one of the salient features of an entrepreneur; he is capable of bearing risks and uncertainties of the business.
Detailed explanation-3: -Need for autonomy definition The need to make their own decisions and do what they want is very strong. Successful entrepreneurs have a desire to be autonomous.
There is 1 question to complete.