Which option gives the correct definition of entrepreneurship?
Answer and explanation
Correct answer: Identifying opportunity and starting an enterprise with resources and risk
Entrepreneurship is a process linked with opportunity, initiative, resources, and risk. Exam tip: remember this whole process.
Frequently asked questions
What is the correct answer to this question?
Identifying opportunity and starting an enterprise with resources and risk
Why is this the correct answer?
Entrepreneurship is a process linked with opportunity, initiative, resources, and risk. Exam tip: remember this whole process.
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.