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In which situation is entrepreneurship directly linked with livelihood?

Answer and explanation

Correct answer: A person uses skill to start regular income work

Correct answer: A, when a person uses a skill to start regular income work. Livelihood means the means through which a person supports daily life, especially by earning income from work or an enterprise. Entrepreneurship becomes directly connected with livelihood when an individual identifies a practical opportunity, applies knowledge or skill, organises resources, and begins an activity that can provide continuing earnings. A is correct because it links skill, self-directed work, and income. B is wrong because staying away from work does not create a livelihood. C is wrong because rejecting an opportunity prevents productive activity. D is wrong because an enterprise normally needs contact with customers to understand demand and provide value, even if sales are made through another channel. Memory cue: skill plus organised work plus income forms a livelihood link.

Related tags

Home-ScienceLivelihoodSkill-Based-EnterpriseEntrepreneurship: Definition And CharacteristicsEntrepreneurship Definition And CharacteristicsWorkLivelihood And CareerWork Livelihood And CareerHome Science

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