ENTREPRENEURSHIP

Detailed explanation-1: -motivation and vision. 4. 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.

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: -While, an entrepreneur needs to be innovative while planning and deciding upon business activities as to fulfill the public demand but, it is not his duty to innovate new technology or products. Thus, innovation is not a function to be performed rather an essential characteristic of a successful entrepreneur. Q.

Detailed explanation-4: -The government has to decide the rules and regulations in relation to conducting entrepreneurship in their country and not the entrepreneur. Therefore, the fourth option that is provided will not be a challenge for the entrepreneur.