Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

The purpose of enterprenurship is creation of value, profit and __________.

Options:

Social gain

Resource optimisation

Innovation approach

Optimum fulfilment

Correct Answer:

Social gain

Explanation:

The correct answer is option (1) : Social gain

The purpose of entrepreneurship extends beyond and includes the creation of value for various stakeholders, including society. Among the options provided, the most appropriate choice is :

(1) Social gain

Entrepreneurship is not only about generating profit but also about creating social value, addressing societal needs, and contributing to the betterment of the Community and society as a whole. Successful entrepreneurs often seek to make a positive impact on society while pursuing their business objectives.