Which of the following statements is NOT correct, according to the passage?

There are more than 4 billion potential entrepreneurs in this world

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Not everybody can become an entrepreneur

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Entrepreneurial decision-making is different from managerial decision-making

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Executives in organisations can be either managers or entrepreneurs, but not both

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Solution

The correct option is D
Executives in organisations can be either managers or entrepreneurs, but not both

(D) Refer the third – last sentence of the first paragraph

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Similar questions

Which of the following statements does not clearly distinguish between entrepreneurship and management?

(a) Entrepreneurs found the business; managers operate it

(b) Entrepreneurs are the owners of their business; managers are employees

(d) Entrepreneurship is once for all activity; management is a continuous activity

Explain how principles of management :

(i) Provide useful insight into reality.

(ii) Help in thoughtful decision-making.

(iii) Help the managers in meeting changing environmental requirements.

(iv) Help the managers in making scientific decisions.

(v) Do not provide ready-made solutions to all managerial problems.

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