Commerce Exam  >  Commerce Questions  >  Which of the following types of Entrepreneurs... Start Learning for Free
Which of the following types of Entrepreneurs is given by C. Danhof?
  • a)
    Trading Entrepreneurs
  • b)
    Agriculture Entrepreneurs
  • c)
    First generation Entrepreneurs
  • d)
    Innovative Entrepreneurs
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following types of Entrepreneurs is given by C. Danhof?a)...
**C. Danhof's Classification of Entrepreneurs**

C. Danhof, a renowned economist, has classified entrepreneurs into different types based on their characteristics and activities. Among these types is the category of "Innovative Entrepreneurs," which is given by C. Danhof. Let's explore this classification in detail.

**1. Trading Entrepreneurs:**
- Trading entrepreneurs are involved in the buying and selling of goods and services.
- They operate in the retail and wholesale sectors, acting as intermediaries between producers and consumers.
- Their main focus is on ensuring efficient distribution and marketing of products.

**2. Agriculture Entrepreneurs:**
- Agriculture entrepreneurs are engaged in agricultural activities and the production of crops and livestock.
- They play a vital role in the development of the agricultural sector by implementing innovative farming techniques and technologies.
- Their aim is to increase productivity, improve the quality of agricultural products, and contribute to food security.

**3. First Generation Entrepreneurs:**
- First generation entrepreneurs are individuals who start their own business ventures without any prior family background or experience in entrepreneurship.
- They often face unique challenges, such as limited resources and lack of established networks.
- Their success is driven by their determination, creativity, and willingness to take risks.

**4. Innovative Entrepreneurs:**
- The category of innovative entrepreneurs is given by C. Danhof.
- These entrepreneurs are characterized by their ability to identify and exploit new opportunities, introduce novel ideas, and implement innovative solutions.
- They are at the forefront of technological advancements and contribute significantly to economic growth.
- Innovative entrepreneurs often create disruptive products or services that revolutionize industries and change consumer behaviors.
- They are risk-takers, visionaries, and creative thinkers who challenge existing norms and push boundaries.

Among the given options, the correct answer is option 'D' - Innovative Entrepreneurs. This classification highlights the importance of innovation and its impact on entrepreneurship and economic development. Innovative entrepreneurs are crucial for driving progress, fostering competition, and shaping the future of industries.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer?
Question Description
Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following types of Entrepreneurs is given by C. Danhof?a)Trading Entrepreneursb)Agriculture Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev