INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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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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Gets to act as his own boss
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Salary is evaluated based on his/her ability to complete the tasks assigned to him/her.
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Responsible for the success of their business.
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Has ownership in the business
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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: -The entrepreneur generally is the founder of a business who has the primary responsibility of operating the business.
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.
There is 1 question to complete.