ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of the following factor does not affect a person for being an entrepreneur?

A	Education‘
B	.Gender
C	Personal values
D	.Family background

Explanation:

Detailed explanation-1: -Nationality of a person doesn’t affect him being an entrepreneur.

Detailed explanation-2: -Five factors will be key to entrepreneurial success: creativity, tolerance for risk, responsiveness to opportunities, leadership and the ability to take advantage of the rights afforded to you.

Detailed explanation-3: -The Correct Answer Is: C. Family background.

Detailed explanation-4: -The correct answer is c. An increase in debt ratio which is associated to interest cost variability has no effect on business risk.

Detailed explanation-5: -Sacrifice – Are you willing to sacrifice short term to benefit in the long term? Experience – Do you have some business or related experience? Leadership – Do you like being the leader? Organization – Are you organized? Optimism – Are you optimistic?

There is 1 question to complete.