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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Entrepreneurship is ____
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the willingness and innovation needed to risk demolishing a business
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the willingness and innovation needed to risk starting a business
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the willingness and innovation needed for infation
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I HAVE NO CLUE
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Explanation:
Detailed explanation-1: -Entrepreneurship is when an individual that has an idea acts on that idea, usually to disrupt the current market with a new product or service. Entrepreneurship usually starts as a small business but the long-term vision is much greater, to seek high profits and capture market share with an innovative new idea.
Detailed explanation-2: -An entrepreneur is a person who opens and manages his or her own business. True. Entrepreneurs, as a general group, dislike risk taking. False. Entrepreneurs are people with vision, drive, and creativity, who are willing to take the risk of starting and managing a business to make a profit.
There is 1 question to complete.