ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Individuals are motivated by government policies and facilities are known as ____
A
Pure
B
Induced
C
Motivated
D
Spontaneous
Explanation: 

Detailed explanation-1: -He is the person who is induced to take up an entrepreneurial task due to the policy measures of the government that provides assistance, incentives, concessions, and necessary overhead facilities to start the venture.

Detailed explanation-2: -Entrepreneurs are often motivated by a desire to be recognized as a world-leader in a specific field. Their desire to share their knowledge and engage with their subject matter is often a source of frustration to privacy-obsessed VCs, but is a key internal motivation for the inventor.

Detailed explanation-3: -The main or basic motive for starting a business is always is to be independent. To work independently in one’s own ways is the primary motivation to start a venture.

Detailed explanation-4: -Individual. Industrial development. Social environment. Economic environment: Technological environment. Political environment. Incentives. Profit making. 06-Jan-2012

Detailed explanation-5: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022

There is 1 question to complete.