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Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsMediumLevel 46

Along with earning profit, which objective can also be important in entrepreneurship?

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Answer and explanation

Correct answer: Fulfilling a social need

A good enterprise gives useful service or product along with profit. In exams, connect entrepreneurship with value creation.

Tags

profitsocial needvalue creation

Frequently asked questions

What is the correct answer to this question?

Fulfilling a social need

Why is this the correct answer?

A good enterprise gives useful service or product along with profit. In exams, connect entrepreneurship with value creation.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.

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