What is the main basis of an entrepreneurial mindset?
Answer and explanation
Correct answer: Seeing opportunity in a problem
An entrepreneurial mindset looks at an unmet need or difficulty and asks whether a useful, feasible solution can create value. It does not deny the problem; it studies it and searches for an opportunity while considering risk and resources. Therefore option A is correct. Avoidance, indecision, and complaint alone do not demonstrate entrepreneurial thinking.
Frequently asked questions
What is the correct answer to this question?
Seeing opportunity in a problem
Why is this the correct answer?
An entrepreneurial mindset looks at an unmet need or difficulty and asks whether a useful, feasible solution can create value. It does not deny the problem; it studies it and searches for an opportunity while considering risk and resources. Therefore option A is correct. Avoidance, indecision, and complaint alone do not demonstrate entrepreneurial thinking.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.