Question

Which of the following attitudes is not generally associated with successful entrepreneurship

Options

• Investing in R and D

• Live your business day by day

• Innovate and improvise continually

• Produce as per customers' requirements

Answer 1

Investing in R and D

Explanation -

Peter Kilby emphasised numerous tasks and functions of an entrepreneur in terms of business. Dealing with state bureaucracy, controlling human relations within the corporation, and managing customer and supplier connections are all examples of political administration, according to him. The task of 'introducing new production procedures and items' was entrusted to the technology department.