Which is one of the most important qualities of an entrepreneur?
Answer and explanation
Correct answer: Taking initiative
Taking initiative means identifying a possibility and beginning purposeful action without waiting for someone else to start everything. It helps an entrepreneur convert an idea into a plan and a plan into work. Therefore option A is correct. Constant fear, avoidance, and procrastination reduce the ability to act on opportunities.
Frequently asked questions
What is the correct answer to this question?
Taking initiative
Why is this the correct answer?
Taking initiative means identifying a possibility and beginning purposeful action without waiting for someone else to start everything. It helps an entrepreneur convert an idea into a plan and a plan into work. Therefore option A is correct. Constant fear, avoidance, and procrastination reduce the ability to act on opportunities.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
