What is the importance of hard work in an entrepreneur?
Answer and explanation
Correct answer: Helps operate and grow the enterprise consistently
Hard work enables an entrepreneur to attend consistently to production, customer needs, quality, and day-to-day operations. It therefore helps establish, run, and grow an enterprise. Hard work does not replace risk-taking or business planning; both are also important entrepreneurial requirements. Exam tip: link an entrepreneur’s hard work with the continuity and growth of the enterprise.
Frequently asked questions
What is the correct answer to this question?
Helps operate and grow the enterprise consistently
Why is this the correct answer?
Hard work enables an entrepreneur to attend consistently to production, customer needs, quality, and day-to-day operations. It therefore helps establish, run, and grow an enterprise. Hard work does not replace risk-taking or business planning; both are also important entrepreneurial requirements. Exam tip: link an entrepreneur’s hard work with the continuity and growth of the enterprise.
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.
