If an entrepreneur depends only on capital and does not improve skills, what weakness remains?
Answer and explanation
Correct answer: Lack of skill development
Skill is also necessary for enterprise along with capital. Exam tip: remember both capital and skill.
Frequently asked questions
What is the correct answer to this question?
Lack of skill development
Why is this the correct answer?
Skill is also necessary for enterprise along with capital. Exam tip: remember both capital and skill.
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.