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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Which of the following statements is true about entrepreneurial discovery:NCCTE.9 ____ 12.SH.ME11.2.01RBT:
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It ensures that start-up businesses have continuous funding.
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It’s an ongoing process that facilitates a business’s success rate.
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It provides entrepreneurs with professional development training.
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It’s a way to determine the long-term profit that a start-up company can generate
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Explanation:
Detailed explanation-1: -An entrepreneur is an innovator of new ideas and business processes.
Detailed explanation-2: -The Entrepreneurial Discovery Process is about prioritising investments based on an inclusive and evidence-based process driven by stakeholders’ engagement and attention to market dynamics.
Detailed explanation-3: -The correct answer is B. An entrepreneur is defined as an individual who creates and funds a new business and continues to bear the risks incurred during the business operations while enjoying the rewards.
There is 1 question to complete.