INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following best describes an entrepreneur?
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Has strong desire to achieve and is innovative
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Recognizes opportunities but sacrifices them
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Has the urge to keep a product in the existing market
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Has a strong desire for money but does not go after it
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Explanation:
Detailed explanation-1: -Answer and Explanation: The correct answer is B. An entrepreneur is defined as an individual who creates and funds a new business and continues to bear the risks incurred during the business operations while enjoying the rewards.
Detailed explanation-2: -Strong Sense of Self: A successful entrepreneur always holds an extremely strong sense of self along with passion and resilient nature. Having numerous problems to overcome, being self-motivated and self-confident are the key traits that make most entrepreneurs successful.
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