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

Social gain

The correct answer is option (1)- Social gain.

The purpose of enterprenurship is creation of value, profit and Social gain.

Entrepreneurship as a systematic, purposeful and creative activity of identifying a need, mobilising resources and organising production with a view to delivering value to the customers. The object of entrepreneurship is lawful business. It is important to take note of this as one may try to legitimise unlawful actions as entrepreneurship on the grounds that just as entrepreneurship entails risk, so does illicit businesses. Purpose of entrepreneurship is creation of value for personal profit and social gain.