ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of the following is NOT one of the five common myths about entrepreneurs?

A	Entrepreneurs are tenacious.
B	Entrepreneurs are moderate risk takers.
C	Entrepreneurs should be young and energetic.
D	Entrepreneurs love the spotlight.

Explanation:

Detailed explanation-1: -The correct answer is B) Entrepreneurs are moderate risk takers. Among the five entrepreneurship myths, choice ‘B’ is invalid because it is a fact but not a myth. Entrepreneurs are moderate risk-takers because they invest in their business, expecting to make losses or profits.

Detailed explanation-2: -Entrepreneur is often aware of the business environment with immense product knowledge, the acceptance of the product or service is known by the feedback of the same, and desire for immediate feedback is not a typical characteristic of an entrepreneur.

Detailed explanation-3: -Social entrepreneurship. Scalable startup entrepreneurship. Small business entrepreneurship. Large company entrepreneurship. Innovation entrepreneurship. 21-Jan-2022

Detailed explanation-4: -Motivation. Passion. Vision. Confidence. Decision making. 02-Jan-2021

There is 1 question to complete.