Question : It has certain skills and other knowledge and competence requirement that can be acquired, learnt and develop, both by formal and vocational training. Which characteristics of entrepreneurship is highlighted here?

Option 1: Systematic activity

Option 2: Lawful and purposeful activity

Option 3: Related to innovation

Option 4: Organisation of production

Question

Question : It has certain skills and other knowledge and competence requirement that can be acquired, learnt and develop, both by formal and vocational training. Which characteristics of entrepreneurship is highlighted here?

Option 1: Systematic activity

Option 2: Lawful and purposeful activity

Option 3: Related to innovation

Option 4: Organisation of production

Team Careers360 · Accepted Answer

Correct Answer: Systematic activity

Solution : Entrepreneurship is a systematic, step-by-step and purposeful activity. It has certain skills and other knowledge and competence requirement that can be acquired, learnt and develop, both by formal and vocational training.
Hence Option A is correct.

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Question : It aims to conduct a lawful business. The purpose of entrepreneurship is to create value for personal profit and social gain.
Which characteristics of entrepreneurship is highlighted here?

Question : It mobilises factors of production into a productive enterprise or firm.
Which characteristics of entrepreneurship is highlighted here?

Question : It involves introduction of new products, discovery of new market and sources of supply of inputs, technological break thoughts as well as introduction of new organisation forms for doing things in a better way.
Which characteristics of entrepreneurship is highlighted