ENTREPRENEURSHIP

Detailed explanation-1: -(c) Fabian Entrepreneurs: Fabian entrepreneurs are characterized by very great caution and skepticism in experimenting and change in their enterprise. They imitate only when it becomes perfectly clear that failure to do so would result in a loss of the relative position in the enterprises.

Detailed explanation-2: -Fabian Entrepreneurs These are entrepreneurs that are very careful in their approaches and cautious in adopting any changes. They are not prone to sudden decisions and try to shy away from any innovations or change that doesn’t fit their narrative.

Detailed explanation-3: -Fabian entrepreneurs: These types of entrepreneurs are skeptical about the changes to be made in the organization. They do not initiate any inventions but follow only after they are satisfied with its success rate.

Detailed explanation-4: -Fabian: The Fabian entrepreneur is timid and cautious. He imitates other innovations only if he is certain that failure to do so may damage business. Drone: His entrepreneurial activity may be restricted to just one or two innovations. He refuses to adopt changes in production even at the risk of reduced returns.

Detailed explanation-5: -The skeptical entrepreneur This entrepreneur sees the success of others and immediately starts to question it. They examine that person’s business and looks for the “lucky” breaks, or inheritance they think that successful entrepreneur received.