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Which of the followings are correct for an entrepreneur?
Is an independent person
Makes his/her own decision
Has the opportunity to realize dream
Has good financial strength
Has undergone a systematic business training
Has immense job satisfaction
Is an independent person
Makes his/her own decision
Has the opportunity to realize dream
Has good financial strength
Has undergone a systematic business training
Has immense job satisfaction
- a)(1), (2), (3) and (5)
- b)(1), (2), (3) and (6)
- c)(1), (2), (3) and (4)
- d)(1), (2), (4) and (6)
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which of the followings are correct for an entrepreneur?Is an independ...
An entrepreneur is an independent person. He makes his own decision and he has risk taking ability. He never blames others for his decisions. Everybody dream but entrepreneurs realize their dreams and work hard to make them true.
They convert their dream in to business idea and business idea in to business opportunity. Whatever they do, they do with full dedication and possess technical knowledge.
They convert their dream in to business idea and business idea in to business opportunity. Whatever they do, they do with full dedication and possess technical knowledge.
Most Upvoted Answer
Which of the followings are correct for an entrepreneur?Is an independ...
An entrepreneur is an independent person. He makes his own decision and he has risk taking ability. He never blames others for his decisions. Everybody dream but entrepreneurs realize their dreams and work hard to make them true.
They convert their dream in to business idea and business idea in to business opportunity. Whatever they do, they do with full dedication and possess technical knowledge.
They convert their dream in to business idea and business idea in to business opportunity. Whatever they do, they do with full dedication and possess technical knowledge.
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Which of the followings are correct for an entrepreneur?Is an independ...
Understanding the Traits of an Entrepreneur
Entrepreneurs are unique individuals who embody certain characteristics that enable them to succeed in their ventures. The correct option highlighting these traits is option 'A', which includes the following points:
1. Independent Person
- Entrepreneurs typically operate independently, making their own choices and defining their paths without relying on traditional employment structures.
2. Makes His/Her Own Decisions
- They have the autonomy to make decisions regarding their business strategies, operations, and overall direction, which is a fundamental aspect of entrepreneurship.
3. Opportunity to Realize Dream
- Starting a business allows entrepreneurs to pursue their passions and realize their dreams, transforming ideas into reality through their ventures.
4. Financial Strength
- While financial strength can be beneficial, it is not a prerequisite for being an entrepreneur. Many successful entrepreneurs start with limited resources and grow their businesses through innovation and perseverance.
5. Systematic Business Training
- While formal training can be advantageous, it is not essential. Many entrepreneurs learn through experience and practical exposure rather than systematic training.
6. Immense Job Satisfaction
- While many entrepreneurs find satisfaction in their work, it can vary widely based on individual experiences and challenges faced in running a business.
Conclusion
Option 'A' correctly emphasizes the independent nature, decision-making ability, and the opportunity to realize dreams that define entrepreneurs. It recognizes key traits that are intrinsic to entrepreneurial spirit while acknowledging that financial strength and formal training are not universal requirements.
Entrepreneurs are unique individuals who embody certain characteristics that enable them to succeed in their ventures. The correct option highlighting these traits is option 'A', which includes the following points:
1. Independent Person
- Entrepreneurs typically operate independently, making their own choices and defining their paths without relying on traditional employment structures.
2. Makes His/Her Own Decisions
- They have the autonomy to make decisions regarding their business strategies, operations, and overall direction, which is a fundamental aspect of entrepreneurship.
3. Opportunity to Realize Dream
- Starting a business allows entrepreneurs to pursue their passions and realize their dreams, transforming ideas into reality through their ventures.
4. Financial Strength
- While financial strength can be beneficial, it is not a prerequisite for being an entrepreneur. Many successful entrepreneurs start with limited resources and grow their businesses through innovation and perseverance.
5. Systematic Business Training
- While formal training can be advantageous, it is not essential. Many entrepreneurs learn through experience and practical exposure rather than systematic training.
6. Immense Job Satisfaction
- While many entrepreneurs find satisfaction in their work, it can vary widely based on individual experiences and challenges faced in running a business.
Conclusion
Option 'A' correctly emphasizes the independent nature, decision-making ability, and the opportunity to realize dreams that define entrepreneurs. It recognizes key traits that are intrinsic to entrepreneurial spirit while acknowledging that financial strength and formal training are not universal requirements.
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Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer?
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Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer? for UGC NET 2025 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UGC NET 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer?.
Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer? for UGC NET 2025 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UGC NET 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer?.
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Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Which of the followings are correct for an entrepreneur?Is an independent personMakes his/her own decisionHas the opportunity to realize dreamHas good financial strengthHas undergone a systematic business trainingHas immense job satisfactiona)(1), (2), (3) and (5)b)(1), (2), (3) and (6)c)(1), (2), (3) and (4)d)(1), (2), (4) and (6)Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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