Problem Solving Abilities of the Senior Scondary Commerce Students in Relation to their Enterpreneurial Talent

Problem solving skills seldom come naturally; they are consciously learnt and nurtured. It is the ability to think and reason on given levels of complexity, an important skill required for the entrepreneurs to learn the skill of solving problems. Entrepreneurship involves risk taking, being innovative as well as using knowledge and skills to set up new ventures or diversify from existing ones. Entrepreneurial talent is the combination of abilities, traits, and dispositions that enable a person to mobilize capital to start and operate a new business at his own personal risk in the face of uncertainty. A good problem solver could be a successful entrepreneur. Keeping this in view a study was conducted for identifying the problem solving abilities of the senior secondary commerce students and to explore its relationship with their entrepreneurial talent. Descriptive survey method was used in the study. The study was delimited to 200 senior secondary commerce students of XI class from six schools of Hoshiarpur city of Punjab .Parametric statistical technique was used for analysis of data. The study revealed that the senior secondary commerce students posses below average ‘problem solving’ abilities and are not advanced in entrepreneurial talent. A positive relationship between problem solving abilities and entrepreneurial talent was been found.