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Why is entrepreneurship not limited only to earning profit?

Answer and explanation

Correct answer: Because it also includes value creation, employment, and problem solving

Profit is important for the survival and growth of a venture, but entrepreneurship has a wider role. Entrepreneurs identify needs, create useful products or services, generate employment, solve problems, and often contribute to economic or social development. The other choices deny the work, customers, and decisions that every venture requires. Hence A is the complete answer.

Related tags

Value-CreationEntrepreneurship-PurposeEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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