Question : Statement 1: Entrepreneur In response to a received business opportunity mobilise these resources into a productive enterprise or firm
Statement 2: It is generally believe that entrepreneurs take low risk.

Option 1: Both are true

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.

Question

Question : Statement 1: Entrepreneur In response to a received business opportunity mobilise these resources into a productive enterprise or firm
Statement 2: It is generally believe that entrepreneurs take low risk.

Option 1: Both are true

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.

Team Careers360 · Accepted Answer

Correct Answer: Statement 1 is true and statement 2 is false.

Solution : It is generally believe that entrepreneurs take high risk. Individuals opting for a career in entrepreneurship take a bigger risk that involved in career in employment or practice of a professional as there is no assured pay off.

Hence, option C is correct.

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Statement 2: Entrepreneurship is a systematic, purposeful activity of identifying a need.

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