ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The personal attribute which motivates the entrepreneur to work hard. Planning of an idea must be joined by hard work to succeed
A
Determination
B
Leadership
C
Dedication
D
Passion
Explanation: 

Detailed explanation-1: -Dedication is what motivates the entrepreneur to work hard, 12 hours a day or more, even seven days a week, especially in the beginning, to get the endeavor off the ground. Planning and ideas must be joined by hard work to succeed. Dedication makes it happen.

Detailed explanation-2: -Monetary gains, more freedom, more authority, and creative control are the four motivations of an entrepreneur.

Detailed explanation-3: -Self-assurance-The entrepreneur is self-assured, confident in their abilities and knows how to look into the future and plan well. A self-assured person instills further confidence in themselves. Devotion-The entrepreneur is devoted to their goals, working long and hard, day and night to achieve them.

Detailed explanation-4: -A Strong Desire to Achieve Successful entrepreneurs are achievement-oriented. They value accomplishment and the intrinsic rewards that go along with achieving difficult goals.

Detailed explanation-5: -Reason 1: Achievement, Challenge, & Learning. Reason 2: Independence & Autonomy. Reason 3: Income Security and Financial Success. Reason 4: Recognition and Status. Reason 5: Family. Reason 6: Dissatisfaction with Current Work Arrangements. Reason 7: Community and Social Motivation. 27-Jan-2016

There is 1 question to complete.