Practicing Success
Functions of Entrepreneurship in relation to economic Development do not include : - |
Contribution to GDP Capital Formation Generation of Employment Generation of Business opportunities only for same business |
Generation of Business opportunities only for same business |
The correct answer is option (4) : Generation of Business opportunities only for same business The function of Entrepreneurship in relation to economic development that does not include "Generation of Business opportunities only for the same business" is: 4. Generation of Business opportunities only for the same business Entrepreneurship typically involves creating and exploring new business opportunities, which can contribute to economic development through various means such as increasing GDP, capital formation, and generating employment. The fourth option, however, suggests a limited scope of generating business opportunities only within the same business, which is not a primary function of entrepreneurship in the context of economic development. |