INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Self confident
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Independent minded
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Perceptive
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Follower
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Detailed explanation-1: -thus, follower is not a characteristic of entrepreneur.
Detailed explanation-2: -Entrepreneurs tend to have strong communication skills, and this strength, combined with their passion for their product or service, helps them to talk to anyone and everyone about their business. They’re also natural leaders who can motivate, inspire, and influence those around them.
Detailed explanation-3: -Answer and Explanation: The correct answer is c. risk avoidance. Entrepreneurs should undertake risks to maximize profits.
Detailed explanation-4: -According to the above-given points caution is not a characteristic that is helpful for an entrepreneur to have.
Detailed explanation-5: -Vision. Innovation cannot happen without vision, the ability to not only recognize opportunity and connect dots, but also the wherewithal to question why a solution does not exist to a problem. Passion. Adaptability. Resilience.