Which option shows mature financial thinking of an entrepreneur?
Answer and explanation
Correct answer: Keeping some profit for improvement and emergency fund
Financial thinking includes preparation for future and risk. In exams, connect use of profit with strategy.
Frequently asked questions
What is the correct answer to this question?
Keeping some profit for improvement and emergency fund
Why is this the correct answer?
Financial thinking includes preparation for future and risk. In exams, connect use of profit with strategy.
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.