ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following statements is NOT a myth associated with entrepreneurs?
A
Entrepreneurs are bold
B
All entrepreneurs are rich.
C
Entrepreneurs generate ideas.
D
Entrepreneurs are born, not made.
Explanation: 

Detailed explanation-1: -Answer and Explanation: The correct answer is option a. They will always make a profit.

Detailed explanation-2: -Cost of the project is not a source of ideas for an entrepreneur.

Detailed explanation-3: -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. Was this answer helpful?

Detailed explanation-4: -Innovation entrepreneurship Innovative entrepreneurs create their businesses with the intent of bringing completely new products or new ideas to market.

There is 1 question to complete.