ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Having a degree in entrepreneurship will assure a person of becoming a successful entrepreneur.
A
agree
B
disagree
C
neutral
D
strongly disagree
Explanation: 

Detailed explanation-1: -Answer: Having a degree in entrepreneurship will assure a person that his/her business endeavor will succeed. Starting a small business isn’t the only way to go if you want to be an entrepreneur. The size of a business venture is irrelevant to entrepreneurial concepts and principles.

Detailed explanation-2: -It can be found anywhere. Knowing all the entrepreneurial concepts will assure a person of becoming a successful entrepreneur. Having a degree in entrepreneurship will assure a person that his/ her business endeavor will.

Detailed explanation-3: -A successful entrepreneur must be able to make wise decisions about how he uses his time, continually evaluating and prioritizing tasks according to relevance and importance. This means including short and long-range planning and the ability to participate in economic forecasting and market research.

Detailed explanation-4: -Insufficient marketing, a lackluster business plan or even the wrong legal structure can prevent your business from thriving. The reasons why many entrepreneurs fail early are endless, some being unique to the business owner.

Detailed explanation-5: -An entrepreneur is someone who locates the need of society and tries to meet them with an innovative idea. On the other hand, entrepreneurship refers to the process of establishing a business entity, intending to get profit as a return in the future.

There is 1 question to complete.