ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following would NOT be found in the description of an entrepreneur?
A
Need for autonomy
B
Calculated risk taking
C
A follower
D
Focused
Explanation: 

Detailed explanation-1: -Thus, External Locus of control is not a characteristic of entrepreneur.

Detailed explanation-2: -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.

Detailed explanation-3: -thus, follower is not a characteristic of entrepreneur.

Detailed explanation-4: -Thus, facing certainty is not a quality of an entrepreneur.

There is 1 question to complete.