Which term refers to the set of traits and processes distinguishing entrepreneurs from employees?

• A. Entrepreneurial Skills
• B. Discovery
• C. Concept Development
• D. Harvesting

Answer: (A)

At the heart of this question is the set of personal traits and practical actions that differentiate someone who creates and grows ventures from someone who works for others. The best term is entrepreneurial skills, which cover recognizing opportunities, taking initiative, risking, mobilizing resources, and navigating uncertainty to turn ideas into real value. These skills shape how an entrepreneur acts and makes decisions in the face of ambiguity. Other terms refer to parts of the process: discovery is about spotting opportunities, concept development is about shaping an idea into a viable plan, and harvesting relates to capturing value or exiting. So entrepreneurial skills best capture the overall capacity that sets entrepreneurs apart.