ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is NOT a common characteristic of an entrepreneur?
A
risk taker
B
organized
C
creative
D
irresponsible
Explanation: 

Detailed explanation-1: -Thus, External Locus of control is not a characteristic of entrepreneur.

Detailed explanation-2: -Therefore, the correct option is C extravagant use of resources since, extravagant use will lead to wastage of resources.

Detailed explanation-3: -Curiosity The best entrepreneurs always want to learn more. They ask many questions and look for opportunities to grow themselves and their business. These people don’t dwell on what they think they know. Rather, they change their opinions when new information is presented.

Detailed explanation-4: -Emphasis on involvements and relationships is not a common traits of an entrepreneur.

Detailed explanation-5: -Answer and Explanation: The correct answer is C) Adequate financial support.

There is 1 question to complete.