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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsEasyLevel 47

Which benefit can society get from entrepreneurship?

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Answer and explanation

Correct answer: Increase in employment opportunities

An enterprise can create new work and employment. Exam tip: link entrepreneurship with employment generation.

Tags

home-scienceentrepreneurshipemployment

Frequently asked questions

What is the correct answer to this question?

Increase in employment opportunities

Why is this the correct answer?

An enterprise can create new work and employment. Exam tip: link entrepreneurship with employment generation.

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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10 more MCQs
  1. 1What is the simplest meaning of entrepreneurship?
  2. 2Who is called an entrepreneur?
  3. 3Which is a main characteristic of entrepreneurship?
  4. 4Changing a new idea into a useful product or service is related to what?
  5. 5How does an entrepreneur identify opportunity?
  6. 6Why is self-confidence important in entrepreneurship?
  7. 7Why is planning necessary before starting an enterprise?
  8. 8What is an important social contribution of an entrepreneur?
  9. 9Taking responsibility for one's decisions shows which entrepreneurial quality?
  10. 10What is collecting market information to know customer preference called?
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