ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

TYPES OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
These types of entrepreneurs typically aren’t focused on rapid growth and expansion. They seek to make a living from their business to support their family and lifestyle.
A
Small Business Entrepreneurs
B
Social Entrepreneurs
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Small business owners: Seek to make a living from their business activities and generate enough profit to support their family and lifestyle. Typically aren’t focused on rapid growth and expansion.

Detailed explanation-2: -Scalable startup entrepreneurship From the get go, this style of entrepreneurship begins with the hope of rapid expansion and big profit returns.

Detailed explanation-3: -Manager: Such an entrepreneur does not initiate expansion and is content just staying in business. 3. Minor innovator: This entrepreneur contributes to economic progress by finding better use for existing resources.

Detailed explanation-4: -Drone Entrepreneurs These are entrepreneurs who do not like a change. They are considered as ‘old school’. They want to do business in their own traditional or orthodox methods of production and systems.

There is 1 question to complete.