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Class 11 Home Science Work, Livelihood and Career Entrepreneurship: definition and characteristicsEasyLevel 47

Why does an entrepreneur take risk?

Answer and explanation

Correct answer: To gain from a new opportunity

An entrepreneur takes calculated risk for possible benefit. Exam tip: understand risk as planned risk.

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home-scienceentrepreneurshiprisk

Frequently asked questions

What is the correct answer to this question?

To gain from a new opportunity

Why is this the correct answer?

An entrepreneur takes calculated risk for possible benefit. Exam tip: understand risk as planned risk.

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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