What describes a willingness to take risks and show initiative in order to establish new business ventures?

• A. Entrepreneur
• B. Sole Trader
• C. Enterprise
• D. Partnership

Answer: (C)

This question is about enterprise—the mindset and capability to spot opportunities, take calculated risks, and take the initiative to set up new ventures. Enterprise describes that willingness to push ideas forward and organize what’s needed to get something new off the ground. An entrepreneur is the person who starts a business, which is related but focuses on the individual rather than the trait itself. Sole trader and partnership are types of business structures, not descriptions of risk-taking or initiative.