Question

Study the following case/situation and express your opinion:

Mr. Sumedh is a young MBA degree holder and Mr. Mayur is a B.Com graduate. Mr. Sumedh is willing to start a dairy farm at his village. Mr. Mayur is willing to work as a cashier in a private company.

1. Find out the dream of Mr. Sumedh and Mr. Mayur.
2. State any 1 feature of entrepreneur.
3. To become a successful entrepreneur, which qualities Mr. Sumedh should have?

Answer 1

1. Mr. Sumedh wants to be an entrepreneur, while Mr. Mayur wants to work for a private company and earn a stable wage.
2. An entrepreneur is someone who is prepared to take risks in order to make money and establish a business.
3. Mr. Sumedh should be an inventor, creator, reactive, and risk taker in order to become a successful entrepreneur.