Question:
________ Entrepreneurs use their expertise in providing services to create a market for technical entrepreneurs.
________ Entrepreneurs use their expertise in providing services to create a market for technical entrepreneurs.
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Think of consultants and experts who sell their skills as a service to technical entrepreneurs.
Updated On: Oct 19, 2026
- Professional
- Technical
- Non-technical
- Service
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The Correct Option is A
Solution and Explanation
Step 1: Understanding the Concept:
Entrepreneurs are grouped by the way they work. The textbook lists types such as technical, non-technical and professional entrepreneurs.
Step 2: Key Approach:
Find the type that sells its expertise as a service and so creates a market for technical entrepreneurs.
Step 3: Detailed Explanation:
Professional entrepreneurs use their expertise to provide services. Examples are consultants and specialists who help the technical entrepreneurs run their ventures.
Their services create a market for the technical entrepreneurs.
So the blank is filled by 'Professional'.
Step 4: Why the other options are wrong.
Technical entrepreneurs make the product themselves using technical skill. They are the ones for whom the market is created.
Non-technical entrepreneurs are not concerned with the technical side. They work on marketing and distribution plans.
'Service' is not a named type of entrepreneur in this classification.
Final Answer:
The missing word is 'Professional'. This is option (A).
Entrepreneurs are grouped by the way they work. The textbook lists types such as technical, non-technical and professional entrepreneurs.
Step 2: Key Approach:
Find the type that sells its expertise as a service and so creates a market for technical entrepreneurs.
Step 3: Detailed Explanation:
Professional entrepreneurs use their expertise to provide services. Examples are consultants and specialists who help the technical entrepreneurs run their ventures.
Their services create a market for the technical entrepreneurs.
So the blank is filled by 'Professional'.
Step 4: Why the other options are wrong.
Technical entrepreneurs make the product themselves using technical skill. They are the ones for whom the market is created.
Non-technical entrepreneurs are not concerned with the technical side. They work on marketing and distribution plans.
'Service' is not a named type of entrepreneur in this classification.
Final Answer:
The missing word is 'Professional'. This is option (A).
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