INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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TRUE
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FALSE
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Either A or B
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None of the above
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Detailed explanation-1: -These are indispensable, alongside ‘technical habits’ and ‘skills’. The only way to acquire the habits essential for entrepreneurs is by acting in a way consistent with them. Only then do these habits become the ‘driving force’ of successful entrepreneurial ventures.
Detailed explanation-2: -Expert-Verified Answer. The correct answer is ‘’He operates production activities”.
Detailed explanation-3: -An entrepreneur is a person who is responsible for an entrepreneurship venture. Even though it is widely believed that entrepreneurs are born with the necessary skills; however, it is not entirely true, anyone can learn how to become one by undergoing an entrepreneurship development process.
Detailed explanation-4: -Even with the right idea, money, and time, not all businesses turn out to be successful. Only a fraction of all entrepreneurs become successful.
Detailed explanation-5: -Instead of going over your day first thing in the morning, successful entrepreneurs plan tomorrow, today. Making a nightly habit of preparing tomorrow’s to-do list, goals, schedule, meals, and even clothes you’ll wear, will help you start your mornings with a game plan and ready to dominate the day.