ECONOMICS (CBSE/UGC NET)

ECONOMICS

INCENTIVES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Even when times are tough for Caitlin’s business venture, she tends to remain positive-she looks at the glass as half full rather than half empty. What characteristic of entrepreneurship is Caitlin exhibiting?
A
Organization
B
Optimism
C
Innovation
D
Determination
Explanation: 

Detailed explanation-1: -An entrepreneurial spirit-which can combine passion, purpose, positivity, boldness, curiosity, and persistence-allows entrepreneurs to carry a manner of thinking with them each day that helps overcome obstacles and meet challenges with a can-do attitude.

Detailed explanation-2: -Informed Risk Taker Entrepreneurship is characterised by risk-taking.

Detailed explanation-3: -Passion, resourcefulness, willingness to improvise and listen to others and strong determination to succeed is what makes an entrepreneur successful. And this is what you have to keep in mind as well if you want to be a successful entrepreneur yourself.

Detailed explanation-4: -Vision. Innovation cannot happen without vision, the ability to not only recognize opportunity and connect dots, but also the wherewithal to question why a solution does not exist to a problem. Passion. Adaptability. Resilience.

There is 1 question to complete.