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Question
Write about Fabian entrepreneur.
Short Note
Solution
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.
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