Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:
Which of the following is NOT correct for entrepreneurship?
Options:
The focus is on Ongoing operations of an existing business
The entrepreneur is constrained by the resources.
The approach of entrepreneur towards a task is formal.
All of the above.
Correct Answer:
All of the above.
Explanation:
The focus of entrepreneurship is on start-ups, he is not constrained by resources as he manages to mobilize resources and his approach towards a task is informal. The three features given in the question belong to management.