CSEET · Economic and Business Environment · Entrepreneurship Scenario
Which of the following is generally regarded as a characteristic of a successful entrepreneur?
Initiative and the drive to achieve goals is a recognised characteristic of a successful entrepreneur. Entrepreneurs act on opportunities, take calculated risks and adapt to change, so avoiding uncertainty, depending fully on others or resisting change are not typical traits.
- AAvoiding all uncertainty and calculated risk
- BDepending entirely on others for decisions
- CInitiative and the drive to achieve goalsCorrect
- DResistance to any change in the market
Explanation
Successful entrepreneurs show initiative, achievement motivation and the ability to take calculated risks and adapt to change. Avoiding uncertainty, depending wholly on others and resisting change run against these traits and make it hard to launch and grow a venture.
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