ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why is it important for team members to feel a sense of “ownership” and engagement in the vision?
A
It’s the only way they will become committed to it
B
Leaders cannot force compliance from them
C
They cannot be creative otherwise
D
They are responsible for determining the vision
Explanation: 

Detailed explanation-1: -Taking ownership provides a sense of responsibility and control over their work environment. This allows them to enjoy their job more. Trusting your team to be the owner of their work can also provide a sense of accomplishment, making their tasks and additional responsibilities feel more meaningful and enriching.

Detailed explanation-2: -According to Forbes, employees engaged in their work are more likely to be motivated and remain committed to their employer. This leads to achieving more business goals and helping to drive the organization forward.

Detailed explanation-3: -The concept of shared vision is an important foundation for proactive learning because it provides direction and focus for learning. This, in turn, fosters energy, commitment, and purpose among organizational members. A shared vision helps to clarify an organization’s direction on what to do and what to learn.

There is 1 question to complete.