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 statements is NOT true?
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An entrepreneur will patiently wait for his efforts to bear fruit
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The profit of the entrepreneur is immediate.
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All entrepreneurs are successful.
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Entrepreneurs are researcher.
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Explanation:
Detailed explanation-1: -Most entrepreneurs can develop winning businesses, but a much smaller number ever become financially successful. In many cases, that’s because they don’t understand the nature of the game. The trick here is to recognise that a business isn’t enough to get wealthy. You must also plan and think like a rich person.
Detailed explanation-2: -An entrepreneur is an innovator of new ideas and business processes.
Detailed explanation-3: -Entrepreneur is often aware of the business environment with immense product knowledge, the acceptance of the product or service is known by the feedback of the same, and desire for immediate feedback is not a typical characteristic of an entrepreneur.
There is 1 question to complete.