ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
It is the determination to succeed by overcoming obstacles and setbacks. Entrepreneurs try to see opportunities even in times of crisis and look for options for the business to succeed.
A
Responsibility
B
Feedback Seeking
C
Innovativeness
D
Perseverance
Explanation: 

Detailed explanation-1: -Passion, resourcefulness, willingness to improvise and listen to others and strong determination to succeed is what makes an entrepreneur successful. And this is what you have to keep in mind as well if you want to be a successful entrepreneur yourself.

Detailed explanation-2: -Why perseverance? It’s a necessary attribute because almost every entrepreneur will experience some form of shortcomings or failure. It’s been said countless times before, but making mistakes is an integral part of our lives. Without errors, we’d never be able to learn anything.

Detailed explanation-3: -Entrepreneurs are goal-oriented They’re determined to make their business succeed and will remove any obstacles that stand in their way. They also tend to be strategic in their game plans and have a clear idea of what they want to achieve and how they plan to do it.

Detailed explanation-4: -Setbacks and failures are inevitable in the world of entrepreneurship. To overcome these challenges, it’s essential to have a growth mindset, stay focused on your goals, and continuously learn from your experiences. Remember, failure is an opportunity to learn and grow, not a reason to give up.

There is 1 question to complete.