INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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technical skills
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management competencies
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business awareness
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personal attributes
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Detailed explanation-1: -Accordingly, business awareness is not considered building blocks of the model entrepreneur. The correct answer is option C. Business awareness.
Detailed explanation-2: -Answer: d. Serial entrepreneurship is correct answer.
Detailed explanation-3: -Surprisingly, growth of sales is generally not considered a critical factor in assessing new ventures.
Detailed explanation-4: -An entrepreneur who is the owner of more than one business is called: Portfolio Entrepreneur.
Detailed explanation-5: -Innovation: The ability to formulate and shape novel ideas. Risk-Tolerance: The level of comfort one has with taking calculated risks. Visionary: The ability to conceptualize an idea to develop plans and set direction.