Match the items of List (II) with the items of List (I) : List-IList-II (a) Entrepreneurship is…
Joseph A. Schumpeter viewed entrepreneurship as essentially a creative, innovative activity (a-iii); Francis A. Walker defined the entrepreneur as an organizer and…
Choose your answer
Match the items of List (II) with the items of List (I) :
| List-I | List-II |
|---|---|
| (a) Entrepreneurship is essentially a creative activity. | (i) Francis A. Walker |
| (b) An entrepreneur is an organizer and coordinator of various factors of production. | (ii) Peter F. Drucker |
| (c) An entrepreneur is one who always searches for change, responds to it, and exploits it as an opportunity. | (iii) Joseph Schumpeter |
Answer and explanation
Correct answer A
Joseph A. Schumpeter viewed entrepreneurship as essentially a creative, innovative activity (a-iii); Francis A. Walker defined the entrepreneur as an organizer and coordinator of various factors of production (b-i); and Peter F. Drucker defined the entrepreneur as one who always searches for change, responds to it, and exploits it as an opportunity (c-ii).
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UGC NET Management