Match List I with List II List I List II Entrepreneur type Features based on Entrepreneurial Competency A. Passenger I. Ability to do and no will to do B. Star/Ideal II. No ability to do and no will to do C. Dead wood III. Ability to do and will to do D. May run IV. No ability to do and will to do Choose the correct answer from the options given below:
This question asks us to match different types of entrepreneurs, classified by their entrepreneurial competency, with specific descriptions based on their ability and will to perform entrepreneurial tasks. Let's analyze each entrepreneur type and its corresponding description from the provided lists.
Entrepreneurial competency often involves two key aspects: the ability to do something (skill, knowledge) and the will to do something (motivation, drive, initiative). Different combinations of these two aspects can describe various types of individuals within an organization or in an entrepreneurial context.
List I provides the names of the entrepreneur types:
List II provides the descriptions based on competency:
We need to find the correct pairing between List I and List II based on the characteristics implied by each entrepreneur type name.
Based on the analysis, the correct matching is:
Let's present this in a table format for clarity.
| List I (Entrepreneur Type) | List II (Competency Feature) |
|---|---|
| A. Passenger | IV. No ability to do and will to do |
| B. Star/Ideal | III. Ability to do and will to do |
| C. Dead wood | II. No ability to do and no will to do |
| D. May run | I. Ability to do and no will to do |
Comparing this matching with the given options, we can see which option corresponds to this correct mapping.
The correct answer option matches A with IV, B with III, C with II, and D with I.
| Entrepreneur Type | Ability to Do | Will to Do | Description |
|---|---|---|---|
| Passenger | No | Yes | Willing but lacks the necessary skills/capability. |
| Star/Ideal | Yes | Yes | Highly capable and highly motivated; the top performer. |
| Dead wood | No | No | Lacks both capability and motivation; unproductive. |
| May run | Yes | No | Has the capability but lacks consistent motivation or drive. Potential is there, but not always utilized. |
Entrepreneurial competencies are the skills, knowledge, abilities, and traits that enable an individual to identify opportunities, develop and manage a venture, and navigate the challenges associated with entrepreneurship. While the question focuses on the basic 'ability to do' and 'will to do', real-world entrepreneurial competency models are much broader. They often include categories such as:
Understanding these competencies helps in assessing an individual's potential for entrepreneurial success and identifying areas for development.
| List I Diets | List II Disease |
|---|---|
| (a) Dash | (i) Gout |
| (b) Gluten free | (ii) Diabetes mellitus |
| (c) Low uric acid | (iii) Celiac |
| (d) Carbohydrate counting | (iv) Hepatitis |
| (e) High CHO, high protein moderate fat diet | (v) Hypertension |
Which among the following is a correct statement ?
Consider the following statements about MUDRA as of June 2019:
Statement I: MUDRA is an NBFC supporting the development of the micro-enterprise sector. It provides refinance support to banks and microfinance institutions for lending to micro units with loan requirements up to ₹10 lakh.
Statement II: Its interventions are named Shishu, Kishor and Tarun to reflect the stage of growth and funding needs of the beneficiary micro unit or entrepreneur.
Which of the following options is correct?
Out of the following, which are the most common error committed by Entrepreneurs?
A. To anticipate roadblocks
B. No commitment or dedication
C. Proposing market niche (Segment)
D. Lack of demonstrated experience
E. No realistic goals
Choose the correct answer from the options given below: