INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
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DEVELOPMENT OF MANAGERIAL CAPABILITIES
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CREATION OF ORGANIZATION
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IMPROVING STANDARD OF LIVING
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MEANS OF ECONOMIC DEVELOPMENT
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Detailed explanation-1: -Effective time management skills enable entrepreneurs to expeditiously complete essential tasks. They must manage their professional life in conjunction with their family life, making a balance between work and home. The seed of every successful business is a great Idea.
Detailed explanation-2: -Entrepreneur skills include various skill sets such as leadership, business management, time management, creative thinking and problem-solving. You can apply these skills in many job roles and industries. These entrepreneur skills are vital for promoting innovation, business growth and competitiveness.
Detailed explanation-3: -A flexible schedule. Autonomy. Chance to build a career that aligns with your beliefs. Continued growth and development. Enhanced managerial abilities. Economic development. Improving the standard of living. Meeting like-minded people. More items •20-Feb-2023
Detailed explanation-4: -Entrepreneurs provide job opportunities. Entrepreneurs increase competition & boost productivity. Entrepreneurs create new business & new markets. Entrepreneurs add national income. Entrepreneurs introduce innovative technologies.