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Which is a main characteristic of entrepreneurship?

Answer and explanation

Correct answer: Ability to take risk

Entrepreneurship involves identifying an opportunity, organizing resources, making decisions, and accepting responsibility for a business or enterprise. Because the future market response is not completely certain, an entrepreneur must be willing to take a calculated risk. This does not mean acting carelessly; it means studying the idea, estimating possible results, and then making a thoughtful decision. Initiative and problem-solving are also commonly connected with entrepreneurship.

Option C is correct because the ability to take calculated risk is a main entrepreneurial characteristic. Option A describes obedience rather than enterprise. Option B shows withdrawal from work, and option D is opposite to the need to understand customers and markets. A successful entrepreneur usually combines risk assessment with planning and action.

Related tags

Home-ScienceEntrepreneurshipRisk-Taking

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