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Explain the concept of entrepreneurship and identify the functions of an entrepreneur.
Explain the concept of entrepreneurship and identify the functions of an entrepreneur.
Entrepreneurship refers to the process of creating, developing, and managing a business venture in order to make a profit. The functions of an entrepreneur include identifying opportunities, taking calculated risks, organizing resources, and making strategic decisions to achieve business goals.
What are the features and qualities of an entrepreneur?
What are the features and qualities of an entrepreneur?
The features and qualities of an entrepreneur include innovation, risk-taking ability, leadership skills, decision-making ability, resilience, and a strong work ethic.
Differentiate between entrepreneurs and intrapreneurs.
Differentiate between entrepreneurs and intrapreneurs.
Entrepreneurs are individuals who start their own business ventures, while intrapreneurs are employees within a company who are given the freedom and resources to develop and implement new ideas and projects within the organization.
State the myths of entrepreneurship.
State the myths of entrepreneurship.
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Describe the role of entrepreneurs in the economic development of a nation.
Describe the role of entrepreneurs in the economic development of a nation.
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What is the most exciting part of entrepreneurship?
What is the most exciting part of entrepreneurship?
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What is the role of an entrepreneur in economic development?
What is the role of an entrepreneur in economic development?
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What does an employee work for according to the text?
What does an employee work for according to the text?
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What is a key feature of entrepreneurs?
What is a key feature of entrepreneurs?
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What is the mindset of an entrepreneur, according to the text?
What is the mindset of an entrepreneur, according to the text?
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