In which situation will an entrepreneur's decision be considered most balanced?
Answer and explanation
Correct answer: Decision considering cost demand risk and ethics
A balanced decision considers both economic and ethical sides. Exam tip: remember decision factors together.
Frequently asked questions
What is the correct answer to this question?
Decision considering cost demand risk and ethics
Why is this the correct answer?
A balanced decision considers both economic and ethical sides. Exam tip: remember decision factors together.
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.