Which of the following statements are correct?
Statement I An entrepreneur takes initiative and does things before they are asked to do.
Statement II Entrepreneurs have external locus of control and highly rely on intuition.
Statement III Entrepreneurs are highly associated with team work and group decisionmaking.
A. Both I and II
B. Both II and III
C. Both I and III
D. All of the above
Answer: Option C
Related Questions on Entrepreneurship and Innovation
A. Knowledge-based behaviour
B. Universal activity
C. Management is the vehicle of entrepreneurship
D. All of the above
The functions of Entrepreneurship includes
A. Establishing the enterprise
B. Project planning
C. Initiation and risk taking
D. All of the above
Which is the type of entrepreneurship?
A. Private entrepreneurship
B. Public entrepreneurship
C. Joint entrepreneurship
D. All of the above
A. James T. McCrory
B. David C. McClelland
C. James J. Berna
D. P. L. Tandon

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