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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brainstorming
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statistical analysis
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cognitive adaptability
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problem inventory analysis
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Detailed explanation-1: -Entrepreneurial skills refer to the set of cognitive, technical, and interpersonal skills required in the practice of entrepreneurship. Cognitive Skills refer to the mental ability of the entrepreneur to learn new things, generate new ideas, and express knowledge in both oral and written forms.
Detailed explanation-2: -Opportunity recognition is a process through which entrepreneurs and businesses identify potential methods of growing their ideas or beginning new ventures.
Detailed explanation-3: -First, this study found the role of cognitive factors in the process of entrepreneurship and revealed that the two cognitive biases of optimism and overconfidence are the key factors that affect entrepreneurial emotion and entrepreneurial intention.