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What is an important social contribution of an entrepreneur?

Answer and explanation

Correct answer: Employment generation

Direct answer: Option D is correct. An entrepreneur identifies an opportunity, organises resources and starts or develops an enterprise. When the enterprise produces goods or services, it needs people to perform different tasks, so it can create employment for the entrepreneur and others. The reasoning is: an idea becomes an enterprise, the enterprise needs work, and that work can provide jobs and income. Option D is correct because employment generation is an important social contribution. Option A is wrong because successful entrepreneurship generally creates or expands opportunities rather than reducing them. Option B is wrong because stopping work does not show productive enterprise or social contribution. Option C is wrong because destroying resources harms society and is contrary to responsible entrepreneurship. A business may face risk, but its social contribution is not measured by waste or harm. Memory cue: entrepreneurship links ideas, enterprise and employment.

Related tags

Home-ScienceEntrepreneurshipEmployment

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