Question

Which statement is not true for entrepreneurs?

• A. They change the way businesses convert inputs into outputs.
• B. They are agents of adjustment.
• C. They apply innovative ideas
• D. They generally stick to the processes already in use.

Answer 1

The correct option is D They generally stick to the processes already in use.

To be an Entrepreneur is a challenge in itself. It needs to have some important characteristics to be a successful entrepreneur. The traits are:-

1. Risk Taker

2. Innovator.

3. Motivator.

4. Capital provider

5. profit maker

6.Challenge Taker.

These are the common characteristic a person needs to have to be an entrepreneur.