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Why is entrepreneurship associated with self-employment?

Answer and explanation

Correct answer: A person establishes their own work or business

Self-employment means creating and carrying out one's own work or business activity instead of working only as an employee for someone else. An entrepreneur identifies an opportunity, arranges resources, takes responsibility for decisions, and aims to earn income from the venture. Thus, option A is correct. The other options describe dependence, avoidance of responsibility, or a condition that is not essential to entrepreneurship.

Related tags

Self-EmploymentEntrepreneurshipOwnershipIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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