Practice question
Question
Identify the correct statements among the following:
A. Salary is not a primary economic reward for an entrepreneur.
B. A ‘never say die’ attitude of an entrepreneur is termed as self-confidence.
C. Acting out of choice rather than compulsion is initiative.
D. Entrepreneur’s concern for conservation of time and money is termed as ‘assertiveness’.
E. Executive summary and operation strategies are included in Business Plan.
Explanation
A, C, E only is principle; Fayol/Taylor principles general guidelines flexible universal.
Discussion
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