Question:
Which of the following is not a characteristic of Entrepreneurship?
Which of the following is not a characteristic of Entrepreneurship?
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Entrepreneurs thrive on risk-taking and innovation — without risk, there is no entrepreneurship.
Updated On: Jul 4, 2025
- It is an economic activity done to create, develop and maintain a profit-oriented organisation.
- It begins with identifying an opportunity as a potential to sell and make profit in the market.
- It deals with optimization in utilization of resources.
- It is the inability of an enterprise and an entrepreneur to take risks.
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The Correct Option is D
Solution and Explanation
Entrepreneurship is all about innovation, resourcefulness, and risk-taking.
Entrepreneurs identify opportunities in the market and turn them into profitable ventures.
They effectively utilize resources and manage them for maximum productivity and growth.
Taking calculated risks is a key characteristic of entrepreneurship — without risk-taking, new ideas cannot be tested or markets explored.
Option (D) incorrectly states that entrepreneurship involves an inability to take risks, which is the opposite of what entrepreneurs do.
Therefore, option (D) is not a true characteristic of entrepreneurship.
Entrepreneurs identify opportunities in the market and turn them into profitable ventures.
They effectively utilize resources and manage them for maximum productivity and growth.
Taking calculated risks is a key characteristic of entrepreneurship — without risk-taking, new ideas cannot be tested or markets explored.
Option (D) incorrectly states that entrepreneurship involves an inability to take risks, which is the opposite of what entrepreneurs do.
Therefore, option (D) is not a true characteristic of entrepreneurship.
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