Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

Which of the following is correct for entrepreneurship?

Options:

Primary motivation is Achievement.

Challenges the status quo.

Risk Taker

All of the above.

Correct Answer:

All of the above.

Explanation:
Roles of an entrepreneur:
1) Initiating and leading business activities.
2) Allocating employees' duties.
3) Forecasting business changes.
4) Creating jobs.
5) Identifying business opportunities.
6) Creating and sharing wealth.
7) Improving the standard of living.
8) Taking up and reducing business risk.