Question : Which of the following are the characteristics of Entrepreneurship?
Option 1: Innovation
Option 2: Purposeful activity
Option 3: Risk taking
Option 4: All of the above.
Correct Answer:
All of the above.
Solution : Following are the characteristics of entrepreneurship.
- Systematic activity
- Lawful activity
- Innovation
- Purposeful activity
- Risk taking
- Organisation of production
Hence Option D is correct.