ECONOMICS (CBSE/UGC NET)

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ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
They do not want to conform to a fixed working schedule. They want to do things in their own way and start to feel agitated when controlled by the power-that-be. While they can be self-sufficient, their tendency is to become too reliant on themselves, which leads to exhaustion. They will eventually realize that a successful business should work for them, not the other way around. If they realize this, they can move on to the next level.
A
The Leader
B
The manager
C
The Self-employed
D
The investor
Explanation: 

Detailed explanation-1: -And as per Belinda Plutz, who is a career coach at New York City–based Career Mentors Inc, “Regardless of who writes the paycheck, we all need to work as if we work for ourselves.”

Detailed explanation-2: -Entrepreneurs are inherently proactive and know that if something needs to get done, they should do it themselves. They are ‘doers’ and tend to have very exacting standards. They view their business as an extension of themselves and like to be present in day-to-day operations – even when they don’t have to be.

Detailed explanation-3: -Coasting, opportunity comes to them (or it doesn’t) Conservative (very moderate use of resources, protecting existing resources) Aggressive (proactive, all-in, actively seeks opportunity) Innovator/Revolutionary (attains growth through innovation)

Detailed explanation-4: -Strong leadership qualities. Leaders are born, not made. Highly self-motivated. Strong sense of basic ethics and integrity. Willingness to fail. Serial innovators. Know what you don’t know. Competitive spirit. Understand the value of a strong peer network.

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