INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
economic development
|
|
|
increase in profits
|
|
|
shareholders value
|
|
|
business development
|
Detailed explanation-1: -The correct answer is OPTION A: Economic Development.
Detailed explanation-2: -Entrepreneurial development is the important thing to gain all-round economic improvement through acceleration of commercial and entrepreneurial activities.
Detailed explanation-3: -Importance of Entrepreneurship Drives economic growth and creates new job. Encourages innovation by bringing new ideas, products, and services to the market. Contributes to social change by developing products or services that reduce people’s dependence on outdated technologies.
Detailed explanation-4: -Responsibility, mindset and passion are the three secrets to entrepreneurial success. Embrace them and you will find the success you’re looking for. Opinions expressed by Entrepreneur contributors are their own.