What is the most appropriate meaning of entrepreneurship?
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Answer and explanation
Correct answer: Creating a business opportunity by combining resources
Entrepreneurship creates value by identifying opportunities and using resources. In exams, connect entrepreneurship with initiative and innovation, not only business.
Frequently asked questions
What is the correct answer to this question?
Creating a business opportunity by combining resources
Why is this the correct answer?
Entrepreneurship creates value by identifying opportunities and using resources. In exams, connect entrepreneurship with initiative and innovation, not only business.
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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