INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The two main goals of entrepreneurs include creating a business and
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maximizing profit
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not taking risks
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -(i) Entrepreneurship involves decision making, innovation, implementation, forecasting of the future, independency, and success. (ii) Entrepreneurship is a discipline with a knowledge base theory and is an outcome of complex socio-economic, psychological, technological, legal and other factors.
Detailed explanation-2: -Entrepreneurship Promotes Innovation Through the right practices of research and development, entrepreneurs bring new innovation that opens the door of new ventures, markets, products, and technology. Entrepreneurs have a role to play in solving problems that existing products and technology have not yet solved.
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