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