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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsHardLevel 47

If an entrepreneur starts new work after considering both customer need and own capacity, what thinking is shown?

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Answer and explanation

Correct answer: Practical entrepreneurial thinking

A practical entrepreneur understands both need and capacity. Exam tip: check capacity along with opportunity.

Tags

home-scienceentrepreneurshippractical-thinking

Frequently asked questions

What is the correct answer to this question?

Practical entrepreneurial thinking

Why is this the correct answer?

A practical entrepreneur understands both need and capacity. Exam tip: check capacity along with opportunity.

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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