1.

Explain the social qualities of an entrepreneur.

Answer»

Following are the social qualities of an entrepreneur :

  • Sociable : 

Sociability of an entrepreneur is very important for his success. He should maintain cordial and amicable relations with the people in his contact.

  • Cooperative :

He should be cooperative in nature. He should cooperate with the owners, employees, lenders, suppliers, customers and even with his competitors.

  • Humanity :

Entrepreneurs must show their compassionate, generous, kind considerate behaviour towards their employees.

  •  Respectful : 

It is rightly said that respect given is respect earned. Therefore, a successful entrepreneur should give respect to all the persons coming in his contact.



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