The approach to the task in entrepreneurship is __________.
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → Informal
Option (1) Formal — Incorrect. “Formal” is the approach of management, not of entrepreneurship.
Option (2) Informal — Correct. For the point “Approach to the task”, entrepreneurship is informal and management is formal. A new business owner does many jobs himself and works without fixed rules.
Option (3) Suitable — Incorrect. This word is not used in the comparison. It does not describe any approach.
Option (4) Hierarchical — Incorrect. A hierarchy (levels of bosses) belongs to a large, formal organisation. A new venture works in an informal way.
Note: This question is from the chapter Entrepreneurship Development, which is not in the current NCERT book (2026-27). The chapter is in the pre-rationalised NCERT, from which the extract below is taken. NCERT (Pre-rationalised Edition):
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