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. 

Systematic Activity

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.

Systematic Activity: Entrepreneurship is not a mysterious gift or charm and something that happens by chance! It is a systematic, step-by-step and purposeful activity. It has certain temperamental, skill and other knowledge and competency requirements that can be acquired, learnt and developed, both by formal educational and vocational training as well as by observation and work experience. Such an understanding of the process of entrepreneurship is crucial for dispelling the myth that entrepreneurs are born rather than made.