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Subjects

What is the correct meaning of risk-taking in entrepreneurship?

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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.

Tags

entrepreneurshiprisk-takingEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

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.

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