Question

Entrepreneurial traits deal with

• A. Job providing behaviour
• B. Profit making behaviour
• C. Risk bearing behaviour
• D. None of these

Hint:

Entrepreneurs are called “risk-bearers” because they face uncertainties in business ventures.

Answer 1

The Correct Option is C

Step 1: Understanding entrepreneurship.
Entrepreneurship refers to the process of starting and managing a business venture. It involves innovation, resource mobilization, and facing uncertainties.
Step 2: Role of risk bearing.
The most fundamental trait of an entrepreneur is the willingness to take risks.
Entrepreneurs invest their money, time, and resources with no guarantee of success.
For example, starting a startup company in a competitive market is a risk-bearing activity.
Step 3: Option analysis.
- (A) Job providing behaviour: Wrong, because entrepreneurs are not primarily job providers, though jobs may result from their ventures.
- (B) Profit making behaviour: Profit is a result, not the trait itself.
- (C) Risk bearing behaviour: Correct, it is the main entrepreneurial trait.
- (D) None of these: Incorrect, since (C) is correct.
Step 4: Conclusion.
Entrepreneurial traits are closely associated with risk bearing behaviour.