An entrepreneur

It will be a win-win situation for both the organisation and the talented employee. Identify the concept.

• Employee

• Entrepreneurship

• Intrapreneurship

• Human Resource

Intrapreneurs also notice opportunities and take initiative to mobilize resources, however they work in large companies and contribute to the innovation of the firm.

• True
• False

Entrepreneurs are Made, Not Born!

• True
• False

They are very keen in retaining their traditional business and traditional machinery or systems of the business.

• Fabian Entrepreneur

• Corporate Entrepreneur

• Induced Entrepreneur

• Drone Entrepreneur

He undertakes an entrepreneurial activity for his personal satisfaction in work, ego, and status.

• Trading Entrepreneur

• Pure Entrepreneur

• Induced Entrepreneur

• Corporate Entrepreneur

He combines various factors of production and provides marketable product or services by adopting innovative ideas.

• Induced Entrepreneur

• First Generation Entrepreneur

• Spontaneous Entrepreneur

• Pure Entrepreneur

He identifies potential markets, stimulates demand for his product line and creates a desire and interest among buyers to go in for his product.

• Innovative Entrepreneur

• Induced Entrepreneur

• Fabian Entrepreneur

• Trading Entrepreneur

They are persons with initiative, boldness and confidence in their ability which motivate them to undertake entrepreneurial activity.

• Drone Entrepreneur

• Modern Entrepreneur

• Spontaneous Entrepreneurs

• Industrial Entrepreneurs

He always looks for changes and responds to the changing demand of the market. His business ventures suits the current marketing needs.

• Pure Entrepreneur

• Modern Entrepreneur

• Business Entrepreneur

• Imitative Entrepreneur

Taking the advantage of the utility of an idea or a product to create wealth to meet the challenges of a situation is _______ competency of an entrepreneur.

• Initiative

• Creativity and Innovation

• Risk Taking

• Problem Solving