Employability: Entrepreneurial Skills – II · Class 10 · CBSE Information Technology (402)
Which of the following is a common myth about entrepreneurship?
Practice question from Employability: Entrepreneurial Skills – II (Class 10 · CBSE Information Technology (402)), with the correct answer and a step-by-step solution.
easy · MCQ · Q-942D85
Which of the following is a common myth about entrepreneurship?
- A.Entrepreneurs need to be resilient in the face of failure.
- B.Starting a business requires careful planning and market research.
- C.All you need to be successful is a brilliant idea; execution and planning do not matter.Correct answer
- D.Entrepreneurs often work long hours, especially in the initial stages.
Solution
A common myth is that a brilliant idea alone guarantees success. In reality, execution, proper planning, adaptability, and hard work are crucial for success.
More from Employability: Entrepreneurial Skills – II
- Which of the following best defines an entrepreneur?
- What is the primary role of an entrepreneur in society regarding economic development?
- Which of the following represents a social benefit of entrepreneurship rather than a purely financial one?
- Distinguish between a traditional salaried employee and an entrepreneur with respect to risk and reward.
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