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Exercises · Q12

Q.Which of the following is NOT an essential quality of an entrepreneur?

(a) Calculated risk-taking
(b) Innovativeness
(c) Avoidance of all decision-making
(d) Perseverance
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We test each option against the known qualities of a successful entrepreneur.

  • (a) Calculated risk-taking — a defining entrepreneurial quality. Essential.
  • (b) Innovativeness — the capacity to create new products and methods is central to entrepreneurship. Essential.
  • (c) Avoidance of all decision-making — an entrepreneur must take sound, timely decisions under uncertainty; avoiding decisions altogether is the opposite of what is required. NOT a quality. …

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