Question 13 of 17
Q.Which one of the following is not a characteristic of a Fabian Entrepreneur ?
(a) Sceptical
(b) Conservative
(c) Adaptive
(d) Risk averse
Tamil Nadu DgeTamil Nadu HSC (DGE) Commerce Board 2024MCQ· 1mImportance★★★★★
76% · 13/17 Questions
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Start your 14-day free trial to unlock the full solution →Fabian entrepreneurs are sceptical, conservative and risk-averse but not readily adaptive, so "Adaptive" is not their characteristic — option (c).
In Danhof's classification (by stages of development) entrepreneurs are grouped as innovating, imitative/adoptive, Fabian and drone. A Fabian entrepreneur is:
- Sceptical — doubtful about trying new ideas.
- Conservative — reluctant to change established methods.
- Risk-averse (cautious) — unwilling to take chances, and shy and lazy in outlook. …
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