Consider the following statements and mark the correct option.Statement I: The entrepreneur has to be a mere manager. He (or she) may not be an innovator and a promoter as well.Statement II: An entrepreneur always searches for change, responds to it and exploits it as an opportunity.Statement III: The government should not try to push the entrepreneurship beyond the boundaries of a business unit.a)Statement I is true, the others are false.b)Statement II is true, the others are false.c)Statements II and III are true, statement I is false.d)All the statements are true.Correct answer is option 'B'. Can you explain this answer?

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CAT Exam > CAT Questions > Consider the following statements and mark t...

Consider the following statements and mark the correct option.

Statement I: The entrepreneur has to be a mere manager. He (or she) may not be an innovator and a promoter as well.

Statement II: An entrepreneur always searches for change, responds to it and exploits it as an opportunity.

Statement III: The government should not try to push the entrepreneurship beyond the boundaries of a business unit.

a)
Statement I is true, the others are false.
b)
Statement II is true, the others are false.
c)
Statements II and III are true, statement I is false.
d)
All the statements are true.

Correct answer is option 'B'. Can you explain this answer?

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Consider the following statements and mark the correct option.Stateme...

According to Frantz, an entrepreneur is an innovator and a promoter as well, as generally he is more than a manager. Entrepreneur is a person who foresees the opportunity and tries to exploit it by introducing a new product, a new method of production, a new market, a new source of raw material or a new combination of factors of production.

The government should try to push the entrepreneurship beyond the boundaries of a business unit for the welfare of economy as a whole. An entrepreneur may be defined as an individual who intends to add value to the economy by creating a new business venture through the able utilisation of his knowledge, passion, dream and desire.

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Consider the following statements and mark the correct option.Stateme...

Explanation:

Statement I: The statement is false. An entrepreneur is not just a mere manager. In fact, an entrepreneur is someone who takes risks, innovates, and promotes new ideas or products in the market. They are constantly looking for ways to improve and grow their business.

Statement II: The statement is true. An entrepreneur always searches for change, responds to it, and exploits it as an opportunity. They are not afraid of taking risks and adapting to new trends in the market to stay ahead of the competition.

Statement III: The statement is false. The government plays a crucial role in promoting entrepreneurship and supporting small businesses. They can provide resources, funding, and incentives to help entrepreneurs succeed. Pushing entrepreneurship beyond the boundaries of a business unit can lead to growth and economic development.

Therefore, the correct option is Statement II is true, the others are false (Option B).

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Consider the following statements and mark the correct option.Statement I: The entrepreneur has to be a mere manager. He (or she) may not be an innovator and a promoter as well.Statement II: An entrepreneur always searches for change, responds to it and exploits it as an opportunity.Statement III: The government should not try to push the entrepreneurship beyond the boundaries of a business unit.a)Statement I is true, the others are false.b)Statement II is true, the others are false.c)Statements II and III are true, statement I is false.d)All the statements are true.Correct answer is option 'B'. Can you explain this answer?

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Consider the following statements and mark the correct option.Statement I: The entrepreneur has to be a mere manager. He (or she) may not be an innovator and a promoter as well.Statement II: An entrepreneur always searches for change, responds to it and exploits it as an opportunity.Statement III: The government should not try to push the entrepreneurship beyond the boundaries of a business unit.a)Statement I is true, the others are false.b)Statement II is true, the others are false.c)Statements II and III are true, statement I is false.d)All the statements are true.Correct answer is option 'B'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Consider the following statements and mark the correct option.Statement I: The entrepreneur has to be a mere manager. He (or she) may not be an innovator and a promoter as well.Statement II: An entrepreneur always searches for change, responds to it and exploits it as an opportunity.Statement III: The government should not try to push the entrepreneurship beyond the boundaries of a business unit.a)Statement I is true, the others are false.b)Statement II is true, the others are false.c)Statements II and III are true, statement I is false.d)All the statements are true.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements and mark the correct option.Statement I: The entrepreneur has to be a mere manager. He (or she) may not be an innovator and a promoter as well.Statement II: An entrepreneur always searches for change, responds to it and exploits it as an opportunity.Statement III: The government should not try to push the entrepreneurship beyond the boundaries of a business unit.a)Statement I is true, the others are false.b)Statement II is true, the others are false.c)Statements II and III are true, statement I is false.d)All the statements are true.Correct answer is option 'B'. Can you explain this answer?.

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