Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

Read the following case study and answer questions.

What do you need to be a business person? Was the opening question the anchor of a television interview asked to an eminent business personality. "Cash" she heard and thought that her interview is going to be a spoil. For it was an answer so obvious and exhaustive that there was not anything else to talk and or this is what she thought.

The entrepreneur saved her day "young lady" he continued "you seem to have got it wrong. What I meant was not c_a_s_h = cash but K_A_S_H= KASH!"

Interview was off to a flying start. And the interviewer went onto elaborate what he meant K= Knowledge, A=Attitude, S= Skill and H= Habits.

Thus Entrepreneur should be confident enough having attitudes related to innovation, persuasion, research etc. He/She is the person who takes risk about future which is uncertain so he must have the required competencies to contribute to the development of the nation.

Which of the following attitudes is not generally associated with successful entrepreneurship?

Options:

Investing in Research and Development

Not to assume Managerial responsibilities

Innovate and improvise continually

Produce as per customer's requirements

Correct Answer:

Not to assume Managerial responsibilities

Explanation:

Not to assume Managerial responsibilities is the correct answer.