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Which is an example of self-employment?

Answer and explanation

Correct answer: Running one's own small shop

Self-employment occurs when a person works for their own account rather than primarily working as an employee for another organisation. Running one’s own small shop involves organising the work, serving customers, bearing business responsibility, and earning from the venture. Following an order, sitting without work, or refusing customers does not by itself constitute self-employment.

Related tags

Self-EmploymentSmall-BusinessIncomeEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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