Question : The essence of entrepreneurship Is the willingness to assume risk arising out of the creations and implementation of new ideas.
Which characteristics of entrepreneurship is highlighted here?
Option 1: Systematic activity
Option 2: Lawful and purposeful activity
Option 3: Related to innovation
Option 4: Risk-taking.
Answer (1)
18th Jan, 2024
Correct Answer:
Risk-taking.
Solution :
Entrepreneurship involves bigger risk as compare to career in employment as there is no issue or paid off. The essence of entrepreneurship Is the willingness to assume risk arising out of the creations and implementation of new ideas.
Hence Option D is correct.
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