1. Analyse one characteristic of successful entrepreneurs. [5]

[Sir Afzal Shad]

Q1. Analyse one characteristic of successful entrepreneurs. [5]

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Possible Structure:
[KN]
[AN]
[AN+]
[AN+]
[AN+]

[hafsa kashif]

Analyse one characteristic of successful entrepreneurs. [5]

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Possible Structure:
[KN]curioisity is a key determinant of an entrepreneurs characteristics
[AN]as it helps them stay open minded and drives them to explore new oppurtunities
[AN+]which helps them get to identifying new trends before anyone else
[AN+]curiousity also helps them stay ready for any possible changes in the market
[AN+]which helps them take risks and try new things along with customer patterns changing

[Aleezay Naseem]

Kn: a successful entrepreneur is the one that's optimistic and isn't afraid of failure
An: believing in your potential being positive that you can achieve your goals and taking collective steps towards achieving your goal
An+ an effective entrepreneur in case of failure analyses the problems with the plan and finds solution for them
An+ similarly instead of giving up remain vigilant and motivated
An+ a successful entrepreneur portrays all these qualities and also motivates the employees to also have a clear vision aswell

[zeemal rashid]

[KN] are able to see opportunities and envision the future
[AN] for which, they take necessary decisions and risks for the business
[AN+] resulting in proper planning to avail the opportunities
[AN+] leading to increase the profit margin of the business and decreasing the chances of loss
[AN+] therefore, it would increase the chances of business success and expansion

[Shanze Arsalan]

KN: They bring in fresh innovative ideas into the business which helps the business in developing more and more products/serices
AN: In this way the business can expand itself as it will have much more market oppurtunities.
AN+:When business growth takes place the buisness will be focusing on other objectives such as profit maximization
AN+: When more profit will be earnd business can easily expand it self as it has better cash flow and finaial stability
AN+: In this way it ill maintain a better business image infront of stakeholder groups such as banks.

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[Haniya Abrar]

KN: Adaptability is an important characteristic of successful entrepreneurs
AN: In dynamic environments, business owners have to adapt to shifting trends timely
AN+: Timely decisions will prove to be beneficial as owners can invest in more profitable alternatives
AN+: Profits can be reinvested back into the business
AN: Internal investment is an easy way of growth of business through its own resources

[Hamnah Naz]

[DEF] An entrepreneur is an individual who has the idea for a new business venture and takes risks but benefits frim the rewards. [KN] Being Innovative is a key characteristic of a successful entrepreneur. [AN] This means that the entrepreneur must be able to identify gaps in the market and promote their business as being different from others in the same market. [AN+] An entrepreneur that is innovative automatically works to lead the business to success and identifying possible gaps may allow the business to meet requirements of the customers and build close customer relations. [AN+] Innovation of entrepreneurs mat further benefit business as having a business unique in many different aspects from rivals allows to create a brand image that is easily distinguishable for customers. This may cause customers to choose this unique brand over and over again than going to competitors. [AN+] Innovation the entrepreneur may also act as an inspiration to the employees of the business and this may help to bring out leadership skills within them. As a result, the business may benefit from their creativity in several ways leading to greater efficiency.

[Muhammad_Faizan]

KN: their resilience towards failures and set backs
AN: as successful entrepreneurs dont back off that easiyly and use their failures to their advantage and overcome it
AN+: this helps entrepreneurs to be more committed to their business which in return helps the business succeed
AN+: this also helps them create better plans for the business which help them to achieve efficiency
AN+: in return this also helps the business gather higher customer base as well as customer loyality

[Hamna Zia]

[KN]Entrepreneurship often involves taking calculated risks.
[AN]Entrapreneurs are willing to take any type of risk to achieve their goals.
[AN+] This helps entrepreneurs to be more committed to their business which in return helps the business succeed.
[AN+]It also helps them to identify new trends.
[AN+]By taking major risks and succeeding in them will better the image of the business.

[Hania Asad]

kn: Determination
an: entrepreneurship comes with multiple challenges; entrepreneurs need to be determined so that they dont give up and learn form mistakes instead of repeating them.
an+: starting a business also comes with uncertainty, determination allows entrepreneurs to adapt to the unpredictable nature of the business.
an+: determination also allows entrepreneurs to stay motivated and focus on their goals especially when progress is slow.
an+: Strong determination is important for entrepreneurs as it allows them to handle problems, stay focused, and keep going after their goals. This helps them succeed in the long run.

[Sudais Ahmed]

Kn: Successful entrepreneur is the one who is far sighted in his business plans.
An: He is capable to take strong and right decissions at the right time which prevents business from loss.
An+: He can expect the upcoming loss by viewing the market situation and can change the busines plan according to that.
An+: Also he will be able to understand the market and the demand of people,so the accurate and right product will be provided to the cusyomers.
An+: Such characteristics are very important for an entrepreneur.This will lead to a successful business in future.

[Syed huzaifa shah]

(Kn) democratic leadership style.
(An) entrepreneur would ask for employees advice for a certain problem and act accordingly rather than just ordering them.
(An+) employee would feel they are important for the business hence fullfilling their esteen needs.
(An+) employees would remain highly motivated and perform efficiently which would increase business efficiency.
(An+)more ideas and solutions would be presented if democratically dealed hence, delays in business decisions would reduce.

[Rehan_Gill]

[KN] Farsightedness is the key element for the successful entrepreneur (like Elon Musk who plans his company's operations for next 10-15
years
[AN] he capable of correct and quick decision making
[AN+] correct decision making at right time helps a tot in tough times for the company
[AN+] this will help the business to be stable at all times
[AN+] these characteristics of the successful entrepreneurs helps the business to grow much faster