ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The entrepreneur must possess the abilities of ____
A
Conceptualization
B
Creative
C
Understanding environment
D
All of the above
Explanation: 

Detailed explanation-1: -A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize. An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill.

Detailed explanation-2: -An entrepreneur is someone passionate and innovative who creates a new business. Their business doesn’t need to reinvent the wheel-your favorite neighborhood café is a business, too-but it takes an entrepreneurial mindset to bring their ideas to life. Entrepreneurship is all about pursuing opportunities.

Detailed explanation-3: -Creative thinking. Creative thinkers revel in the freedom to come up with big ideas and to let those ideas percolate and bloom. Time management. Networking. Communication. Setting yourself up for success. 05-Apr-2019

Detailed explanation-4: -A vision. Know exactly what you want. Ask questions. Question yourself, your plans, your strategy, your business plans and your decisions. Passion and energy. A work ethic. Create an opportunity. Communication. Sales.

Detailed explanation-5: -Leadership skills. If you look at every successful entrepreneur, you’ll see that they all possess strong leadership skills. Communication skills. Attention to detail. Active listening skills. Organizational skills. Risk-taking skills. Resourcefulness. Time management skills. More items •21-Jan-2023

There is 1 question to complete.