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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsHardLevel 48

Which option gives the most balanced definition of entrepreneurship?

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Answer and explanation

Correct answer: Running an enterprise by identifying opportunity with planning resources risk ethics and effort

Entrepreneurship is the process of turning opportunity into responsible and planned work. Exam tip: remember the complete definition.

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home-scienceentrepreneurshipdefinition

Frequently asked questions

What is the correct answer to this question?

Running an enterprise by identifying opportunity with planning resources risk ethics and effort

Why is this the correct answer?

Entrepreneurship is the process of turning opportunity into responsible and planned work. Exam tip: remember the complete definition.

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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