Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer?

EduRev

All Courses

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

GMAT Exam > GMAT Questions > Any successful entrepreneur is both self-moti...

Join the Discussion on the App

If the statements above are true, which of the following can most reasonably be inferred.

a)
Anyone who is well-known within his or her industry can become a successful entrepreneur.
b)
Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.
c)
Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industry
d)
A marketable idea is not sufficient to guarantee individual success in every industry.
e)
Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.

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

FREE This question is part of

Test: Inference

Attempt Test

Attempt this Test

Most Upvoted Answer

Any successful entrepreneur is both self-motivated and independent, ch...

Choice A: No. This answer choice is a reversal of the statements, since it is only known that no one who is unknown in an industry will become a successful entrepreneur not that being well-known guarantees that one can become a successful entrepreneur.

Choice B: No. This answer choice is only possible based upon the statements, but not certain, since it is reasonable to deduce that someone with a marketable idea could maximize its potential in some way other than by becoming an entrepreneur.

Choice C: No. This answer choice introduces a variable outside of the scope of the prompt in the profile of the entire industry.

Choice D: Yes. This answer choice must be reasonably inferred based on the statements, since someone who has a marketable idea, but is not self-motivated or independent is described as lacking an entrepreneurial spirit, implying that there are some who are incapable of becoming successful entrepreneurs who do have marketable ideas.

Choice E: No. This answer choice introduces a variable outside of the scope of the prompt of the most defining characteristics of the entrepreneurial spirit.

The correct answer is choice D.

Answered by Talent Skill Learning · View profile

Attention GMAT Students!

To make sure you are not studying endlessly, EduRev has designed GMAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in GMAT.

GMAT Focus Edition Mock Test Series 2024

Quantitative for GMAT

Crash Course for GMAT

Data Insights for GMAT

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for GMAT exam

Similar GMAT Doubts

mile Durkheim, a French sociologist who rose to prominence in the late 19thand early 20thcenturies, is credited with being one of the principal founders of modern sociology. When Durkheim began writing, sociology was not recognized as an independent field of study. As part of the campaign to change this scenario, he went to great lengths to separate sociology from all other disciplines, especially philosophy.Durkheims perspective differed from other sociologists of his era as his theories were founded on things external in nature such as social facts, as opposed to those internal in nature, such as the motivations and desires of individuals. As per him, social phenomena arise when a certain reality emerges from the behavior of interacting individuals, but this same reality cannot be explained in terms of the characteristics of individual agents. For instance, he could argue that social formations such as gangs, political parties and associations are comprised of individual members, but the macro outcome resulting from such organizations operates in a different level and produces results that would not occur on an individual level. He, therefore, believed that the society was far superior to any of its individual components and could hence exert a coercive power on individuals to lead them to acceptable levels of satisfaction. His idea was that happiness and wants are tied to each other. He said, To pursue a goal which is by definition unattainable is to condemn oneself to a state of perpetual unhappiness... To achieve any other result, the passions first must be limited. But since the individual has no way of limiting them, this must be done by some force exterior to him. This exterior force of course in his opinion was the society.Which one of the following statements can be inferred from the section below?(Second paragraph, second last sentenc e)To pursue a goal which is by definition unattainable is to condemn oneself to a state of perpetual unhappiness... To achieve any other result, the passions first must be limited. But since the individual has no way of limiting them, this must be done by some force exterior to him

View answer

mile Durkheim, a French sociologist who rose to prominence in the late 19thand early 20thcenturies, is credited with being one of the principal founders of modern sociology. When Durkheim began writing, sociology was not recognized as an independent field of study. As part of the campaign to change this scenario, he went to great lengths to separate sociology from all other disciplines, especially philosophy.Durkheims perspective differed from other sociologists of his era as his theories were founded on things external in nature such as social facts, as opposed to those internal in nature, such as the motivations and desires of individuals. As per him, social phenomena arise when a certain reality emerges from the behavior of interacting individuals, but this same reality cannot be explained in terms of the characteristics of individual agents. For instance, he could argue that social formations such as gangs, political parties and associations are comprised of individual members, but the macro outcome resulting from such organizations operates in a different level and produces results that would not occur on an individual level. He, therefore, believed that the society was far superior to any of its individual components and could hence exert a coercive power on individuals to lead them to acceptable levels of satisfaction. His idea was that happiness and wants are tied to each other. He said, To pursue a goal which is by definition unattainable is to condemn oneself to a state of perpetual unhappiness... To achieve any other result, the passions first must be limited. But since the individual has no way of limiting them, this must be done by some force exterior to him. This exterior force of course in his opinion was the society.Which of the following is stated in the passage?

View answer

mile Durkheim, a French sociologist who rose to prominence in the late 19thand early 20thcenturies, is credited with being one of the principal founders of modern sociology. When Durkheim began writing, sociology was not recognized as an independent field of study. As part of the campaign to change this scenario, he went to great lengths to separate sociology from all other disciplines, especially philosophy.Durkheims perspective differed from other sociologists of his era as his theories were founded on things external in nature such as social facts, as opposed to those internal in nature, such as the motivations and desires of individuals. As per him, social phenomena arise when a certain reality emerges from the behavior of interacting individuals, but this same reality cannot be explained in terms of the characteristics of individual agents. For instance, he could argue that social formations such as gangs, political parties and associations are comprised of individual members, but the macro outcome resulting from such organizations operates in a different level and produces results that would not occur on an individual level. He, therefore, believed that the society was far superior to any of its individual components and could hence exert a coercive power on individuals to lead them to acceptable levels of satisfaction. His idea was that happiness and wants are tied to each other. He said, To pursue a goal which is by definition unattainable is to condemn oneself to a state of perpetual unhappiness... To achieve any other result, the passions first must be limited. But since the individual has no way of limiting them, this must be done by some force exterior to him. This exterior force of course in his opinion was the society.Which of the following best describes the main focus of the passage?

View answer

The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?

View answer

While there is no guarantee that increased investment in achieving energy independence will solve all of America’s unemployment problems, the results so far have demonstrated that it will definitely help the cause. Under President Obamas watch, such increased investment has so far created 1.5 million jobs and has demonstrated the potential to create many more.After a four-decade decline in oil production, the U.S. is now producing enough oil to serve more than half of our oil needs. This has the potential to free us from our addiction to foreign-sourced barrels, particularly if we utilize our dramatically larger and cheaper reserves of natural gas, which now costs the equivalent of less than $15 per barrel, versus the $100-plus per barrel of oil we import from the Middle East. The money saved by increased use of natural gas has helped in greater investments and has created more than 75,000 jobs domestically.Moreover, the president’s policies have motivated companies to invest more in clean energy to the extent that American companies make over 75% of all venture investments in clean technologies. Overall, because of U.S. public and private investments in clean energy—including renewables, efficiency, transportation, and infrastructure—the clean economy grew by 8.3% from 2008 to 2009, even during the depths of the recession. Even though several technologies, such as solar power, are still not as cost-competitive as imported oil, expanding these clean-energy investments is good economics as they will help preserve and expand Americas middle class, because energy investments are a particularly effective method of "insourcing" manufacturing jobs, which in turn spur jobs in invention, installation, and maintenance.Q. The author of the passage is primarily concerned with

View answer

Top Courses for GMATView all

GMAT Focus Edition Mock Test Series 2024

Quantitative for GMAT

Crash Course for GMAT

Data Insights for GMAT

100 RCs for GMAT

Top Courses for GMAT

View all

Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer?.

Solutions for Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT. Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.

Here you can find the meaning of Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Any successful entrepreneur is both self-motivated and independent, characteristics that are lacking in individuals who have a marketable idea but who lack an entrepreneurial spirit. Furthermore, since a successful entrepreneur must be well-known within his or her industry, no one who is unknown in an industry will become a successful entrepreneur.If the statements above are true, which of the following can most reasonably be inferred.a)Anyone who is well-known within his or her industry can become a successful entrepreneur.b)Someone with a marketable idea must have an entrepreneurial spirit to fully maximize its potential.c)Any individual in a lesser-known industry cannot become a successful entrepreneur without raising the profile of the entire industryd)A marketable idea is not sufficient to guarantee individual success in every industry.e)Self-motivation and independence are the most defining characteristics of the entrepreneurial spirit.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice GMAT tests.

Explore Courses for GMAT exam