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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Financial planning
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Decision-making
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Goal-setting
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Creative thinking
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Detailed explanation-1: -Divergent thinking is important for entrepreneurs because it enables them to use their creative skills to generate multiple options.
Detailed explanation-2: -The creative process is made up of 5 steps: preparation, incubation, illumination, evaluation, and implementation. The preparation stage of the creative process often begins with gathering research and defining objectives.
Detailed explanation-3: -Creative thinking allows individuals to develop new or innovative ideas and challenge norms or old ways of thinking. These behaviors can help businesses create products, services and other offerings that differentiate themselves from their competitors and address consumers’ demands in new ways.
Detailed explanation-4: -Step 1 – Gather raw materials. In the advertising world, it is the agency’s job to know the client, its products and, most importantly, its customers. Step 2 – Blend your information together. Step 3 – Drop and forget it. Step 4 – Have your eureka moment. Step 5-Share your idea. 24-Apr-2013