Which of the following characteristics of an entrepreneur is the ability to develop new ideas/products? - AQA - GCSE Business - Question 1 - 2021 - Paper 1
Question 1
Which of the following characteristics of an entrepreneur is the ability to develop new ideas/products?
Worked Solution & Example Answer:Which of the following characteristics of an entrepreneur is the ability to develop new ideas/products? - AQA - GCSE Business - Question 1 - 2021 - Paper 1
Step 1
Identify the characteristic
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Answer
The ability to develop new ideas/products is known as innovation. This characteristic is crucial for entrepreneurs as it allows them to create unique offerings that can meet the needs of consumers and stand out in a competitive market.
