INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not true about an entrepreneur?
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Acts as his/her own boss
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Has ownership of the business
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Responsible for the success of their business
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Gives up when faced with failure
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Explanation:
Detailed explanation-1: -The incorrect statement is that entrepreneurs should not think optimistically about the future of the business. Entrepreneurs are renowned for their aptitude for seeing possibilities and developing them into lucrative businesses.
Detailed explanation-2: -Answer and Explanation: The correct answer is C) Adequate financial support.
Detailed explanation-3: -Entrepreneurs do not easily give up in the face of obstacles. They will take repeated or different actions to overcome the hurdles of business. This includes making a personal sacrifice or extraordinary effort to complete a job. Entrepreneurs do their best to satisfy customers and to deliver what is promised.
There is 1 question to complete.