In the following exercise, mention if the following statement are ‘True’ or ‘False’ for myths of entrepreneurship
1. Entrepreneurs who do not have an innovative idea cannot succeed ____________ 2. Entrepreneurs exhibit high risk-taking ability, but they take calculative risks ____________
3. Success in entrepreneurship is mainly about keeping a business sustainable and afloat ____________
4. Nothing matters more than the business idea ____________
5. One can acquire and develop entrepreneurial skills ____________
6. Entrepreneurship is a process of constant learning ____________
Answers
Answer:
1. True
2. True
3. False
4. False
5. True
6. True
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The Correct answer are
1.Yes it is true that the Entrepreneurs who do not have an innovative idea cannot succeed because for doing business we will have some extra knowledge also which help us to excel from competitors .
2.Yes it is true Entrepreneurs have high risk but they take calculated risk because huge risk may
shut down their company.
3.No it is false keeping business consumer friendly and efficient is the priority.
4.False There is another thing after buisness ideas that is how it changes the customers life.
If the idea is ok type then you will not succeed .
5.Yes ofcourse any one can gain this skills by learning and reading books, seeing other buisness model,etc.
6.Yes it is true we should learn according to the changing scenario.