State with reasons whether the following statements are 'true' or 'false'.
1. Training broadens the vision of entrepreneurs.
Training broadens the vision of entrepreneurs – True
Explanation:
The above statement is correct. Training enhances the skills and competences of an entrepreneur, as he/she learns through practical exposure. With training, an entrepreneur gains experience by interacting with people inside as well as outside the industry. Thus, we can say that training makes an entrepreneur efficient.