Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

Rajat is a successful entrepreneur. He wants that his daughter Ananya should go to a formal educational institution so that she can acquire, learn and develop the skill, knowledge and competency of becoming a successful entrepreneur as business is not so easy and simple. Identify the characteristics of entrepreneurship discussed in the above para.

Options:

Risk taking

Innovation

Systematic Activity

Organisation of Production

Correct Answer:

Systematic Activity

Explanation:

The correct answer is option (3) : Systematic Activity

The characteristic of entrepreneurship discussed in the above paragraph is :

Systematic Activity : The mention of Ananya going to a formal educational institution to acquire, learn , and develop skills implies a systematic approach to acquiring knowledge and competency for entrepreneurship.