Question

Enlist The main salient features of entrepreneurship​

Answer 1

Answer:

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Answer 2

Answer:

1)Ability to take a risk- Starting any new venture involves a considerable amount of failure risk.

2)Innovation- It should be highly innovative to generate new ideas, start a company and earn profits out of it.

3)Visionary and Leadership quality- To be successful, the entrepreneur should have a clear vision of his new venture.

4) Open-Minded- In a business, every circumstance can be an opportunity and used for the benefit of a company.

5)Flexible- An entrepreneur should be flexible and open to change according to the situation.

6)Know your Product-A company owner should know the product offerings and also be aware of the latest trend in the market.