Question:

 _________ entrepreneurs suffer losses, as they refuse to make any modifications in the existing production methods.

Updated On: Dec 30, 2025
  • Drone
  • Passionate
  • Imitative
  •  Possessive

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The Correct Option is A

Solution and Explanation

To determine which type of entrepreneur typically suffers losses due to a refusal to make modifications in production methods, we need to understand the characteristics of each type mentioned in the options:

  1. Drone Entrepreneurs: These entrepreneurs are characterized by their reluctance to change and innovate. They stick to traditional methods and resist adopting new technologies or approaches, even if they are less efficient. As a result, they often face losses because they cannot compete effectively in a dynamic market environment.
  2. Passionate Entrepreneurs: These entrepreneurs are driven by their passion and are often more willing to adapt and innovate. They actively seek improvements and are less likely to suffer losses due to outdated methods.
  3. Imitative Entrepreneurs: These entrepreneurs typically follow or copy successful business models from other businesses. While not highly innovative themselves, imitative entrepreneurs are usually keen to replicate proven strategies, which often includes adapting to new methods as needed.
  4. Possessive Entrepreneurs: This is not a standard classification for entrepreneurs. The term seems to imply a tendency to guard resources or ideas, but it is not commonly associated with refusing to change methods.

Given the characteristics, the correct answer is Drone Entrepreneurs as they typically suffer losses by refusing to change their production methods.

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