Question

Which of the following is a quality of a successful entrepreneur?

• A. Decision-making ability
• B. Leadership ability
• C. Risk bearing ability
• D. All of these

Hint:

Entrepreneurship = Combination of multiple qualities, not just one.

Answer 1

The Correct Option is D

Step 1: Key qualities of entrepreneurs.
Entrepreneurs need multiple qualities to manage uncertainty and lead business successfully.
Step 2: Main traits.
- Decision-making ability: Choosing the right option among alternatives.
- Leadership ability: Guiding, motivating, and influencing others.
- Risk-bearing ability: Facing uncertainties in business.
Step 3: Option analysis.
- (A) Decision-making: Correct but only one trait.
- (B) Leadership: Correct but partial.
- (C) Risk bearing: Correct but incomplete.
- (D) All of these: Correct, entrepreneur must possess all traits together.
Step 4: Conclusion.
A successful entrepreneur has decision-making, leadership, and risk-taking abilities.