INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
threats
|
|
|
people
|
|
|
products
|
|
|
opportunities
|
Detailed explanation-1: -So, what then is an entrepreneur? “An entrepreneur is one who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying opportunities and assembling the necessary resources to capitalize on them."
Detailed explanation-2: -An entrepreneur is one of the most important inputs and segments of economic growth. He/she is one of the responsible person who can set up a business or an enterprise. In reality, he/she is the one who has the initiative, innovative skills and who aims for high achievements.
Detailed explanation-3: -There are some clear benefits to taking intentional risks when starting or scaling a business, including: Getting the first-mover advantage. Learning quickly from your wins (and failures) Expanding your experimental mindset.