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An Entrepreneur — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipAn Entrepreneur3 Marks
Question
List out the competencies and state which one is the most important and why.
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Answer

Entrepreneurial competencies are as follows:
  1. Creativity and Innovation.
  2. Risk Taking and Risk Management.
  3. Problem Solving.
  4. Leadership.
  5. Persistence.
  6. Quality Performance.
  7. Initiative.
  8. Information seeking.
  9. Systematic Planning.
  10. Persuasion and Influencing Others.
  11. Enterprising Launching Competencies.
Persistence: Persistence is one of the most important competencies because this quality enables the entrepreneur to continue with the task and also to fight against the difficulties and obstacles faced. Hard-work always leads to the success of the enterprise.

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