GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which one is not the characteristic feature of Entrepreneurship?

A	Vision
B	Disloyalty
C	Risk Bearing
D	Initiative and Drive

Explanation:

Detailed explanation-1: -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-2: -Characteristics of Entrepreneurship: Therefore, an entrepreneur needs to be courageous and able to evaluate and take risks, which is an essential part of being an entrepreneur. Innovation-It should be highly innovative to generate new ideas, start a company and earn profits out of it.

Detailed explanation-3: -Vision. Innovation cannot happen without vision, the ability to not only recognize opportunity and connect dots, but also the wherewithal to question why a solution does not exist to a problem. Passion. Adaptability. Resilience.

There is 1 question to complete.