If an entrepreneur invests part of profit in a new machine and training, what is shown?
Answer and explanation
Correct answer: Growth and capacity building
Reinvestment of profit increases enterprise capacity. Exam tip: link reinvestment with growth.
Frequently asked questions
What is the correct answer to this question?
Growth and capacity building
Why is this the correct answer?
Reinvestment of profit increases enterprise capacity. Exam tip: link reinvestment with growth.
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.