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Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsMediumLevel 48

If an entrepreneur reinvests some income into business improvement, this is an example of what?

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Answer and explanation

Correct answer: Growth-oriented thinking

Reinvestment in business helps improvement and expansion. In exams, connect use of income with growth.

Tags

reinvestmentgrowthbusiness improvement

Frequently asked questions

What is the correct answer to this question?

Growth-oriented thinking

Why is this the correct answer?

Reinvestment in business helps improvement and expansion. In exams, connect use of income 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.

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