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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Conducting a sale analysis
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Preparing a purchasing forecast
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Organizing an inventory report
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Analyzing services performance
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Detailed explanation-1: -Entrepreneurs Start Companies, Managers Run Them You handle issues ranging from the company’s product design to determining the most efficient production methods and even finding the company’s first customers. In contrast, a small-business manager is someone you hire to handle the day-to-day management of your startup.
Detailed explanation-2: -When starting their own businesses, entrepreneurs are not motivated by what you may think. The main reason most people want to become their own boss is the freedom, satisfaction and flexibility it offers them.
Detailed explanation-3: -Importance of Entrepreneurship Drives economic growth and creates new job. Encourages innovation by bringing new ideas, products, and services to the market. Contributes to social change by developing products or services that reduce people’s dependence on outdated technologies.