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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Even when times are tough for Caitlin’s business venture, she tends to remain positive-she looks at the glassas half full rather than half empty. What characteristic of entrepreneurship is Caitlin exhibiting?
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Organization
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Optimism
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Innovation
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Determination
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Explanation:
Detailed explanation-1: -Confidence. Without confidence or self-belief, entrepreneurs cannot possibly succeed. They have to be confident both in themselves and in the products or services they sell. If they believe in themselves, they will have the ability to stay the course regardless of difficulties or discouragement.
Detailed explanation-2: -It’s called perseverance.” One of the most common reasons for entrepreneur failure and business closure is a lack of determination and persistence. Those who are not determined to persevere until they succeed tend to jump from one idea to another when encountering difficulties.
There is 1 question to complete.