ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

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

Which of these is NOT a skill of an entrepreneur?

A	Creativity
B	Interpersonal Skills
C	Organisation
D	Sleeping

Explanation:

Detailed explanation-1: -no ability to bear risk Answer: Being an entrepreneur comes with so many challenging tasks and risks so if one is not prepared with facing risks then it is not helpful for the company in long term. So, if one has “no ability to bear risk” then it is not an entrepreneurial skill.

Detailed explanation-2: -Buying and selling is not entrepreneurship, it is trade. Buying products from suppliers and selling them to customers for profit doesn’t make you an entrepreneur, it makes you a merchant.

Detailed explanation-3: -Finance Skills. Budgeting and knowing how to keep track of finances is essential for entrepreneurs. Communication skills. Being a strong communicator is very important for entrepreneurs. Leadership Skills. Time Management. Sales. 30-Aug-2022

Detailed explanation-4: -Communication. Curiosity. The Ability to Inspire Others. Stress Management. Consumer Focus. Adaptability. Vision. 5 days ago

There is 1 question to complete.