Entrepreneurship: definition and characteristics

Mature self-motivation enables an entrepreneur to review goals, assess progress and keep improving without waiting for rewards, praise or external pressure. Therefore, option A is correct. Working only for praise reflects external motivation, while stopping during difficulty shows a lack of persistence. Exam tip: In questions on self-motivation, look for self-direction, sustained effort and continuous improvement.

Dependence on only one source can increase risk. In exams, connect supply management with entrepreneurial planning.

Turning a skill into an income source is a practical form of entrepreneurship. In exams, see the link between skill and livelihood.

Goal clarity helps the team coordinate better. In exams, connect leadership with giving direction.

Ethical marketing gives customers truthful, understandable information about what a product really offers. It does not promise results that the product cannot deliver, hide important limitations, or use unsafe practices. Honest promotion may support sales, but its deeper value is that it builds informed choice, customer trust, and a good long-term reputation. Profit should not depend on deception or harm.

Option B is correct because it advertises genuine product features clearly and therefore combines promotion with honesty. False claims may increase attention briefly, but they mislead customers and can damage trust. Hiding problems and normalising adulteration are also unethical because they expose customers to unfairness or danger. Thus, truthful communication is the balanced choice.

Several operational and market factors must be checked before expansion. In exams, treat expansion as a multi-factor decision.

Repeated similar complaints show quality or service problems. In exams, treat complaint patterns as serious signs.

Creativity creates business value only when useful. In exams, distinguish unusual from useful.

Without records, the real condition of business remains unclear. In exams, treat records as a control tool.

A useful solution to a social problem can become a sustainable enterprise. In exams, identify social entrepreneurship.

Timely decisions protect opportunities in entrepreneurship. In exams, see the relation between time and opportunity.

Entrepreneurship needs communication along with technical skill. In exams, identify multi-skilled entrepreneurship.

Learning makes business modern and convenient. In exams, connect learning with market survival.

Clear division of work makes operations effective. In exams, connect team management with entrepreneurship.

Wrong quantity harms customer trust and ethics. In exams, check both correct information and correct quantity.

Measurable goals clarify progress and improvement. In exams, connect goals with evaluation.

Seeing only praise hides real improvement areas. In exams, choose balanced feedback evaluation.

Sustainable growth balances expansion with quality trust and cost. In exams, do not treat sales alone as success.

A mature risk strategy includes identification assessment and alternatives. In exams, see the steps of risk management.

Entrepreneurship is a balanced mix of opportunity value risk and responsibility. In exams, understand the definition broadly.