Definition of Fabian Entrepreneur
CMAT 2025 · Innovation & Entrepreneurship · Easy · Types of Entrepreneurs
Who is a Fabian Entrepreneur?
- A.
Innovators who rapidly adopt changes.
- B.
Entrepreneurs who cannot adopt to changes and prefer old fashioned business practices.
- C.
Entrepreneurs who copy ideas from others.
- D.
Entrepreneurs who take significant risk.
Answer
B
Explanation
Fabian entrepreneurs are cautious, skeptical, and traditional. They do not easily adopt changes or new innovations and prefer old-fashioned methods unless forced by necessity.
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