Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

Which of the following is NOT entrepreneurial competency :

Options:

Problem Solving

Meekness

Persistence

Initiative

Correct Answer:

Meekness

Explanation:

The correct answer is option (2) : Meekness

• Meekness - Meekness is not typically considered an entrepreneurial competency. Entrepreneurial competencies often include skills and traits such as problem-solving, persistence, and initiative, as they are crucial for success in entrepreneurial endeavors.

Problem Solving: Problem-solving is a vital entrepreneurial competency. Entrepreneurs often encounter various challenges and obstacles, and the ability to identify problems, analyze them, and find effective solutions is crucial for success. Entrepreneurs need to be resourceful and innovative in solving problems that arise in their business ventures.

Persistence: Persistence is another essential competency for entrepreneurs. Building and growing a business can be a long and challenging journey. Entrepreneurial ventures often face setbacks and failures, and it's the ability to persevere through these difficulties that sets successful entrepreneurs apart. Persistence is the drive to keep going despite obstacles and failures.

Initiative: Initiative is the willingness to take proactive action and seize opportunities. Entrepreneurs are known for their ability to identify opportunities and take the initiative to turn those opportunities into successful ventures. Initiative involves being a self-starter and taking action without waiting for instructions or guarantees of success.