Why an entrepreneur must acquire the skills to handle the idea, product or service?
GeneralClass 11CBSEAnswered 23 Jun 2026
Answer
An entrepreneur must acquire the skills to handle the idea, product or service because he has to convert his ideas into reality. He has to be an innovator of ideas, practices and services to meet the perceived opportunity.
Suggested Q&A
General · Class 11- GeneralClass 11Why an entrepreneur is referred as a change agent?
- GeneralClass 11Is the concept of entrepreneurship confined to big business enterprises and economic institutions only?
- GeneralClass 11Mention three qualities of an entrepreneur as stated by Peter Drucker.
- GeneralClass 11How Adam Smith defined an entrepreneur?
- GeneralClass 11Name the economist known for the various theories on the principles of economics.
- GeneralClass 11How entrepreneurship helps in harnessing youth vigour?