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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsMediumLevel 46

On what basis can the main difference between an entrepreneur and an employee be understood?

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Answer and explanation

Correct answer: Entrepreneur creates opportunities and takes risk

An entrepreneur finds opportunities and takes responsibility for the enterprise. In exams, look at the difference in role and risk.

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entrepreneuremployeedifference

Frequently asked questions

What is the correct answer to this question?

Entrepreneur creates opportunities and takes risk

Why is this the correct answer?

An entrepreneur finds opportunities and takes responsibility for the enterprise. In exams, look at the difference in role and risk.

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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