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What is the importance of hard work in an entrepreneur?

Answer and explanation

Correct answer: Helps operate and grow the enterprise consistently

Hard work enables an entrepreneur to attend consistently to production, customer needs, quality, and day-to-day operations. It therefore helps establish, run, and grow an enterprise. Hard work does not replace risk-taking or business planning; both are also important entrepreneurial requirements. Exam tip: link an entrepreneur’s hard work with the continuity and growth of the enterprise.

Related tags

Home ScienceEntrepreneurshipEntrepreneurial CharacteristicsHard WorkEnterprise GrowthCareer EducationEntrepreneurship: Definition And CharacteristicsEntrepreneurship Definition And Characteristics

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