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Subjects

What is the most suitable difference between an entrepreneur and a regular trader?

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Answer and explanation

Correct answer: उद्यमी नया मूल्य बनाता है जबकि सामान्य व्यापारी अधिकतर मौजूदा वस्तु बेचता है

An entrepreneur generally identifies an opportunity, introduces innovation, organises resources, and creates or improves value while accepting calculated risk. A trader primarily purchases and resells existing goods, although a trader may also add service or value. The distinction is not absolute, and both need customers; the other options make false universal claims.

Tags

entrepreneurtraderEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

उद्यमी नया मूल्य बनाता है जबकि सामान्य व्यापारी अधिकतर मौजूदा वस्तु बेचता है

Why is this the correct answer?

An entrepreneur generally identifies an opportunity, introduces innovation, organises resources, and creates or improves value while accepting calculated risk. A trader primarily purchases and resells existing goods, although a trader may also add service or value. The distinction is not absolute, and both need customers; the other options make false universal claims.

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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