Asked by Brittney Hayes on Jun 17, 2024
Verified
Nadia is unemployed and is unable to pay her bills. She realizes she loves baking and soon opens up her own bakeshop with the help of a friend. Which of the following is true about Nadia?
A) She is a necessity-based entrepreneur.
B) She is a social entrepreneur.
C) She is a venture capitalist.
D) She is an intrapreneur.
E) She is a serial entrepreneur.
Necessity-based Entrepreneur
An individual who starts a business out of necessity, often due to the lack of employment opportunities.
- Familiarize oneself with the economic and social benefits provided by small and medium-sized enterprises (SMEs) and the critical role of entrepreneurship prompted by necessity.
Verified Answer
RP
Randy PrietoJun 18, 2024
Final Answer :
A
Explanation :
Nadia is a necessity-based entrepreneur as she started her own business out of necessity due to her unemployment and inability to pay bills.
Learning Objectives
- Familiarize oneself with the economic and social benefits provided by small and medium-sized enterprises (SMEs) and the critical role of entrepreneurship prompted by necessity.