ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
EDP (Entrepreneurship Development Programmes) is required to help:
A
Existing entrepreneurs
B
First generation entrepreneurs
C
Future generations entrepreneurs
D
None of the above
Explanation: 

Detailed explanation-1: -Entrepreneurship Development Programme (EDP) is a programme which helps in developing entrepreneurial abilities. The skills that are required to run a business successfully is developed among the students through this programme. Sometimes, students may have skills but it requires polishing and incubation.

Detailed explanation-2: -Answer: Entrepreneurship Development Programme (EDP) is a programme that aims to improve entrepreneurial skills. Through such a programme, the skills needed to properly run a company are learned among individuals. Often, people can have knowledge, but polishing and incubation is necessary that are provided by the EDP.

Detailed explanation-3: -EDP (Entrepreneurship Development Programmes) is required to help: Existing entrepreneurs. First generation entrepreneurs.

Detailed explanation-4: -Entrepreneurial Development Programme (EDP) can be defined as a programme, formally designed to help an individual in strengthening his/her entrepreneurial motive and in acquiring skill and capabilities necessary for playing entrepreneurial role effectively.

Detailed explanation-5: -The objectives of entrepreneurship development programmes are to increase the knowledge and skill of existing entrepreneurs and encourage others to become one. Ultimately, it helps in increasing the number of such individuals in an economy.

There is 1 question to complete.