Reinvesting small profit into the business shows which thinking?
Answer and explanation
Correct answer: Growth thinking
Proper use of profit helps grow the business. Exam tip: link reinvestment with growth.
Frequently asked questions
What is the correct answer to this question?
Growth thinking
Why is this the correct answer?
Proper use of profit helps grow the business. 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.