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Which statement about planning is a myth?

Answer and explanation

Correct answer: An entrepreneur needs no plan because an entrepreneur is courageous

The direct answer is B: an entrepreneur needs no plan because the entrepreneur is courageous. This is a myth. Courage helps a person face uncertainty, but planning gives direction. A plan can define goals, identify customers and resources, estimate costs, set steps, and consider possible risks. A is true because clear goals help guide work. C is true because planning shows what people, materials, money, time, and skills are available. D is true because thinking ahead can identify problems and reduce avoidable risk, even though no plan removes every risk. B is wrong because courage and planning are complementary, not alternatives. Exam cue: bravery without direction is not sound entrepreneurship.

Related tags

Planning MythCourageRiskEntrepreneurMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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