INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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EXISTING ENTREPRENEUR
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FIRST GENERATION ENTREPRENEUR
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FUTURE GENERATION ENTREPRENEUR
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NONE OF THE ABOVE
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Detailed explanation-1: -EDP (Entrepreneurship Development Programmes) is required to help: Existing entrepreneurs. First generation entrepreneurs. Future generations entrepreneurs.
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: -Detailed Solution. Entrepreneurship Development Program: It 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 for future generation.
Detailed explanation-4: -As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise.
Detailed explanation-5: -A first-generation entrepreneur is someone who is the first in their family lineage to start their own business-either a first-generation American or from a family that has lived here for generations-typically without a background in business formation or experience in the industry.