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What is the relationship between entrepreneurship and self-employment?

Answer and explanation

Correct answer: Entrepreneurship gives a person an opportunity to start their own work

Entrepreneurship involves identifying an opportunity, organising resources, accepting reasonable risk, and creating value through a venture. When a person starts and operates their own business or service, this activity can provide self-employment and possibly jobs for others. Option B correctly expresses this relationship. Self-employment can generate income, and entrepreneurship is not the same as a government job, so C and D are false.

Related tags

EntrepreneurshipSelf EmploymentCareerOwn BusinessIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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