INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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entrepreneurs are said to be creative, factors affecting entrepreneur‘s creativity including management support, risk taking incentive and positive evaluation
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problem inventory analysis
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statistical analysis
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brainstorming
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organizational factors
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Explanation:
Detailed explanation-1: -Entrepreneurship is an individual’s ability to turn ideas into action. It includes creativity, innovation, and risk-taking, as well as the ability to plan and manage projects in order to achieve the objectives.
Detailed explanation-2: -Guilford (1959) identified five key elements of creativity: fluency, flexibility, originality, awareness, and drive. Understanding these elements removes some of the mystery surrounding creativity and paves the way for encouraging its growth.
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