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An Entrepreneur — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipAn Entrepreneur3 Marks
Question
Write down the features of innovative entrepreneurs.
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Answer

Following are the main features of innovative entrepreneurs:
  1. They are one who quickly introduces new products, new methods of productions and new technology.
  2. They explore new markets and new sources of supply of raw-materials.
  3. They are generally aggressive in experimentation and put attractive possibilities into practice.
  4. They convert technical resources into economic performance and give new value to the product
  5. They always apply new improvised techniques to provide better goods and services.
  6. They are generally found in developed countries.
  7. Example: Walt Disney who started huge theme parks such as the Disney Land.

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