Question

Write about Fabian entrepreneur.

Answer 1

Fabian Entrepreneur:

• These entrepreneurs are said to be conservatives and skeptical about plasticisìng any change in their organization.
• They are of a risk-averse type. They do not simply change to the changes happening in the environment.
• But they adapt themselves to the changes only as a last resort when they fear that non-adaptability to changes will inèvitably lead to loss or collapse of the enterprise.