An individual's opinion on whether it is possible to teach someone to be an entrepreneur or not. Introduction: An entrepreneur is a person who is able to combine all the factors of production and takes the risk in starting up a business with its responsibilities. As per an individual's belief, it is possible to teach someone to be an entrepreneur but up to a certain extent. It is possible to teach people the technicalities which are required to run a business because there is no other way to gain that knowledge, other than learning from experience which is going to take a very long time. A no one is perfect and mistakes can be made, however, they should be given the guidelines on running a business organization in pen and paper. This would then allow the person to have a foundation of knowledge to work with when starting up his/her own business. However, certain things cannot be taught through a theoretical perspective because it has to be learned practically with experience, which include the morals and values of the person and what kind of culture is embedded in the organization.

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Chapter A, Problem 2DQ

Summary Introduction

To determine:

An individual's opinion on whether it is possible to teach someone to be an entrepreneur or not.

Introduction:

An entrepreneur is a person who is able to combine all the factors of production and takes the risk in starting up a business with its responsibilities.

As per an individual's belief, it is possible to teach someone to be an entrepreneur but up to a certain extent.

It is possible to teach people the technicalities which are required to run a business because there is no other way to gain that knowledge, other than learning from experience which is going to take a very long time.

A no one is perfect and mistakes can be made, however, they should be given the guidelines on running a business organization in pen and paper. This would then allow the person to have a foundation of knowledge to work with when starting up his/her own business.

However, certain things cannot be taught through a theoretical perspective because it has to be learned practically with experience, which include the morals and values of the person and what kind of culture is embedded in the organization.

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