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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be responsive to changes in the market
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ensure financial controls are maintained.
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build a management team.
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all the above.
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Detailed explanation-1: -Answer: As a company grows, the entrepreneur should focus on his/her: technical ability to complete a task. written communication. management and motivation skills.
Detailed explanation-2: -A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize. An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill. Growing a business requires a sound strategy based on inherent business sense and skills.
Detailed explanation-3: -A successful entrepreneur can take an idea that solves a problem, build a company around it, and make that company profitable. The first thing most people think about when they think about a successful entrepreneur is how much money they earn.
Detailed explanation-4: -Basic Finance Skills. Finance skills, such as budgeting and financial statement analysis, are necessary for running a business. Networking. Your network is one of your greatest assets. Speaking Confidently. Accepting and Acting on Feedback. Recognizing Patterns. Maintaining a Growth Mindset. 25-Aug-2020