Skip to content
Question 16 of 20

Q.The characteristics of an entrepreneur is/are:

(a) Flexibility
(b) Self-confidence
(c) Spirit of enterprise
(d) All of the above
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2023MCQ· 1mImportance★★★★★
80% · 16/20 Questions
🔒 Locked · start free trial →

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Start your 14-day free trial to unlock the full solution →

The correct answer is (d) All of the above, since flexibility, self-confidence and spirit of enterprise are all characteristics of an entrepreneur.

In the TN HSC Commerce chapter on Elements of Entrepreneurship, an entrepreneur is a person who identifies opportunities, organises resources and bears risk to run an enterprise. Such a person possesses many qualities:

  • Flexibility — the ability to adjust to changing conditions and take suitable decisions.
  • Self-confidence — firm belief in one's own abilities to make the venture succeed. …
Start your 14-day free trial to unlock the full solution →

Unlock everything free for 14 days

  • Full step-by-step solutions
  • Concept-first explanations
  • Methods, shortcuts & mistakes
  • PYQ mapping + timed mock tests
Start 14-day free trial →See Plans & Pricing →

Full access for 14 days. No credit card required.

←Previous questionQ3 — Entrepreneur is not classified as : (a) Employee (b) Risk Bearer (c) O…→Next questionQ5 — Why should an Entrepreneur possess Decision Making Skill?