Which of the following is not the characteristics of Entrepreneurship?

Choose the correct order in the process of setting up a business.

1. Scanning the environment for entrepreneurial opportunities
2. Assessment of feasibility of the idea and preparation of a business plan
3. Development of product/service
4. Appraisal by the funding agencies

Salary is not a primary economic reward for an entrepreneur

A. A 'never say die' attitude of an entrepreneur is termed as self-confidence.

B. Acting out of choice rather than compulsion is initiative

C. Entrepreneur's concern for conservation of time and money is termed as 'assertiveness'

D. Executive summary and operation strategies are included in Business Plan

Choose the correct answer from the option given below:

Arrange the following steps of the process of entrepreneurial development in a logical sequence

(A) Gathering resources

(B) Changing with time

(C) Persuading others

(D) Sensing an opportunity

Choose the correct answer from the options given below:

The process of setting up one's own business as distinct from pursuing any other economic activity, is known as:

"Eliciting the support of others in the venture". This statement is related to which entrepreneurial competency?

The following are part of entrepreneurial motivation, except:

1. Need for Achievement (N-Ach.)
2. Need for Power (N-Pow)
3. Need for Affiliation (N-Aff.)
4. Need for Profit (N-Pro)