Business Studies

Key elements of entrepreneurship : 
I. Innovation
II. Risk taking
III. Good looking
IV. Vision
V. Social help to needy people
VI. Organizing skills
Select the correct answer from the options given below


ANSWER

I, II, IV, VI


SOLUTION
To be an Entrepreneur is a challenge in itself. It needs to have some important characteristics to be a successful entrepreneur. The traits are:-
1. Risk Taker
2. Innovator.
3. Motivator.
4. Capital provider
5. profit maker
6.Challenge Taker.
These are the common characteristic  a person needs to have to be an entrepreneur.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Hard Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 202
Enroll Now For FREE

Realted Questions

Q1 Single Correct Hard
Concept of entrepreneurship was referred as _______ by British economists.
  • A. business management
  • B. business administration
  • C. board administration
  • D. board management

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Which of the following is characteristic(s) of an entrepreneur?
  • A. He must maintain good relations with his customers, employees etc.
  • B. He should have good communication skills
  • C. He should guard his business secrets from his competitors.
  • D. All of above

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
Which of the following is not true ?
  • A. Small industries are the second largest employers of human resources, after agriculture.
  • B. Small industries in India account for 95 per cent of the industrial units in the country.
  • C. They contribute almost 40 per cent of the gross industrial value added and 45 per cent of the total exports (direct and indirect exports) from India.
  • D. They generate lesser number of employment opportunities per unit of capital invested compared to large industries.

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Among the following which are to be considered as a type of entrepreneur?
(i) Idealist (ii) Optimisers (iii) Hard workers (iv) Sustainers (v) Improver (vi) Advisor (vii) Superstar (viii) Artiste (ix) Visionary (x) Analyst (xi) Fireball (xii) Jugglers (xiii) Hero (xiv) Healer
  • A. (i),(iv), (vi), (ix), (xii), (xiv)
  • B. (ii), (iii), (vii), (xi), (xiii)
  • C. (v), (viii), (x), (xi), (xii)
  • D. All of the above

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
The basic types of Entrepreneurship are _________.
  • A. opportunity - Based Entrepreneurship
  • B. necessity - Based Entrepreneurship
  • C. both (a) & (b)
  • D. none of the above

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer