Exploring Entrepreneurship Concepts

Which of the following is a core competency in Entrepreneurship?

• Risk Taking

• Inactive

• Waiting for a market crash

• opportunity avoider

The ability to define clear objectives and strategize effectively

to achieve them.

• Entrepreneurship

• Risk Tasking

• Goal Setting

• Visionary

NOT GIVING UP

TO MAKE SOMETHING NEW

A PERSON WHO STARTS THE BUSINESS

CLEAR OBJECTIVES

WILLINGNESS

What is the relevance of studying entrepreneurship?

• There is no connection between entrepreneurship and job creation.

• Entrepreneurship studies focus solely on personal finance management.

• Studying entrepreneurship is essential for fostering innovation and economic growth.

• Studying entrepreneurship is only relevant for large corporations.

The key concepts in entrepreneurship.

• Innovation, Risk taking, Entrepreneur

• Product Development, Innovation, Entrepreneur

• Innovation, Team Building, Entrepreneur

• Innovation, Risk taking, Cost Reduction

Define common competencies in entrepreneurship.

• Time management, project execution, sales tactics

• Opportunity Seeking, Risk management, Communication Skills

• Branding, advertising strategies, market segmentation

• Market analysis, product development, customer service