What is the correct meaning of risk-taking in entrepreneurship?
Answer and explanation
Correct answer: अनिश्चित परिस्थिति में सोच-समझकर निर्णय लेना
Entrepreneurial risk-taking means making a considered decision when outcomes are uncertain. The entrepreneur gathers information, estimates possible gains and losses, plans safeguards, and then accepts a reasonable level of risk. It is not reckless spending, automatically taking a large loan, or copying others without analysis. Therefore, option A describes calculated risk-taking rather than carelessness.
Frequently asked questions
What is the correct answer to this question?
अनिश्चित परिस्थिति में सोच-समझकर निर्णय लेना
Why is this the correct answer?
Entrepreneurial risk-taking means making a considered decision when outcomes are uncertain. The entrepreneur gathers information, estimates possible gains and losses, plans safeguards, and then accepts a reasonable level of risk. It is not reckless spending, automatically taking a large loan, or copying others without analysis. Therefore, option A describes calculated risk-taking rather than carelessness.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.