Practicing Success
Which of the following sentence is NOT a characteristic of entrepreneurship? |
Risk taking Innovation Creative activity Managerial training |
Managerial training |
There are five characteristics of entrepreneurship viz. Systematic Activity, Lawful and Purposeful Activity, Innovation and creativity, Organisation of Production and risk taking. The entrepreneurship is defined as a systematic, purposeful and creative activity of identifying a need, mobilising resources and organising production with a view to delivering value to the customers, returns for the investors and profits for the self in accordance with the risks and uncertainties associated with business. |