ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
THE ENTREPRENEUR WHO BLINDLY FOLLOWS THE TRADITIONAL METHODS OF PRODUCTION IN SPITE OF THE LOSS IS CALLED
A
Drone entrepreneur
B
Adoptive enterpreneur
C
Fahim enterpreneur
D
Innovation entrepreneur
Explanation: 

Detailed explanation-1: -Drone entrepreneur: He is one in blindly follows the traditional methods of production even when it causes loss to him. He is not prepared to introduce any change under any circumstances in the method of production he has already introduced.

Detailed explanation-2: -The entrepreneur who blindly follows the traditional methods & reluctant to make a change in spite of the loss is called as, innovative. entrepreneur.

Detailed explanation-3: -Drone Entrepreneurs These are entrepreneurs who do not like a change. They are considered as ‘old school’. They want to do business in their own traditional or orthodox methods of production and systems. Such people attach pride and tradition to even outdated methods of doing business.

Detailed explanation-4: -Drone entrepreneurs are defined as entrepreneurs who do not like to adopt any changes in their enterprise techniques. They strictly follow their traditional strategies or methods for development, production or marketing.

Detailed explanation-5: -1 Answer. The main difference between Fabian and drone entrepreneurs lies in the fact that while Fabian entrepreneur adopts to changes eventually as a last resort, drone entrepreneur never adopts himself or herself to change.

There is 1 question to complete.