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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what was done in the past
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how things are being done
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what needs to be done.
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when changes were last made
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Detailed explanation-1: -The research entrepreneur They research every possible scenario and outcome for strategies to start or grow a business.
Detailed explanation-2: -Innovative entrepreneurs are people who are constantly coming up with new ideas and inventions. They take these ideas and turn them into business ventures.
Detailed explanation-3: -Ask family and friends. Consider problems in your everyday life-then solve them! Build on your hobbies. Consider if there are tasks you could make easier. Build on existing products or services.
Detailed explanation-4: -Previous work experience. This is good news: It means you don’t have to have a brilliant new idea to start your successful business. Hobbies. An “Aha!” moment. Someone else’s work experience. Systematic research.