ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

TYPES OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The two main goals of entrepreneurs include creating a business and
A
maximizing profit
B
not taking risks
C
Either A or B
D
None of the above
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.

There is 1 question to complete.