Answer:
Effectively achieving business growth goals. Increasing the productivity and thereby increasing the profitability. Effectively responding to industry disrupters and increasing market share. Quickly responding to the external challenges by developing human as well as technological resources to do things differently.
Explanation:
It is important for an entrepreneur to be innovative so that it would be able to attract customers.
It is important for an entrepreneur to be innovative so that it would be able to increase profit margin.
An entrepreneur is a person who organises the other factors of production with the aim of earning a profit. An example of an entrepreneur is a person who sets up a lemonade stand.
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