CUET Preparation Today
The process of setting up one's own business as distinct from pursuing any other economic activity, is known as: |
Environment Scouting Environmental Scanning Persistence Entrepreneurship |
Entrepreneurship |
The correct answer is option 4- Entrepreneurship. The process of setting up one's own business as distinct from pursuing any other economic activity, is known as Entrepreneurship. Entrepreneurship is the process of setting up one’s own business as distinct from pursuing any other economic activity, be it employment or practising some profession. The person who set-up his business is called an entrepreneur. The output of the process, that is, the business unit is called an enterprise. |
