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Question

Identify the managerial ability that keeps the functioning aligned towards the objective of the venture.

A
Dynamism
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B
Goal-orientedness
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C
Self-confidence
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D
Creativity
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Solution

The correct option is B Goal-orientedness
An entrepreneur is expected to perform specific managerial functions. These functions include planning, organising, directing, and coordinating.

Out of these, planning is the primary function and requires a lot of foresight. However, to effectively and efficiently plan for the company, there are specific managerial abilities. For example, an entrepreneur should be goal-oriented in order to fix a proper plan of action. This aligns the functioning towards the objective of the venture.

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