Which is a main quality of a good entrepreneur?
Answer and explanation
Correct answer: Turning a problem into an opportunity
A capable entrepreneur looks at an unmet need or problem and searches for a useful, feasible solution. Converting that insight into an opportunity requires creativity, initiative, and understanding of customers. Fear, continual delay, and ignoring customer needs prevent an entrepreneur from recognising or developing a viable business idea.
Frequently asked questions
What is the correct answer to this question?
Turning a problem into an opportunity
Why is this the correct answer?
A capable entrepreneur looks at an unmet need or problem and searches for a useful, feasible solution. Converting that insight into an opportunity requires creativity, initiative, and understanding of customers. Fear, continual delay, and ignoring customer needs prevent an entrepreneur from recognising or developing a viable business idea.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
