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What is one important difference between an entrepreneur and an employee?

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Answer and explanation

Correct answer: उद्यमी उद्यम शुरू करके जोखिम और निर्णय की जिम्मेदारी लेता है

An entrepreneur initiates or organises an enterprise, mobilises resources, makes major decisions, and bears the possibility of loss as well as the opportunity for return. An employee generally performs agreed duties in return for remuneration, although employees may also make decisions and learn skills. The other options use false absolute claims, so option A gives the meaningful distinction.

Tags

entrepreneuremployeeEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

उद्यमी उद्यम शुरू करके जोखिम और निर्णय की जिम्मेदारी लेता है

Why is this the correct answer?

An entrepreneur initiates or organises an enterprise, mobilises resources, makes major decisions, and bears the possibility of loss as well as the opportunity for return. An employee generally performs agreed duties in return for remuneration, although employees may also make decisions and learn skills. The other options use false absolute claims, so option A gives the meaningful distinction.

Which subject and chapter does this question cover?

This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.

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