ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ get their income by way of commission and marketing
A
service entrepreneur
B
industrial entrepreneur
C
trading entrepreneur
D
business entrepreneur
Explanation: 

Detailed explanation-1: -Trading entrepreneur is one who undertakes trading activities and is not concerned with the manufacturing work. He identifies potential markets, stimulates demand for his product line and creates a desire and interest among buyers to go in for his product. He is engaged in both domestic and overseas trade.

Detailed explanation-2: -Technology. Technology startups have created a number of billionaire entrepreneurs in the past decade. From Facebook to VMWare, technology entrepreneurs routinely make the most money. Technology services and products can be quickly developed and scaled at a massive rate.

Detailed explanation-3: -How affiliate marketing works. Affiliate marketing involves referring a product or service by sharing it on a blog, social media platform, podcast, or website. The affiliate earns a commission each time someone makes a purchase through the unique affiliate link associated with their recommendation.

Detailed explanation-4: -Low-Investment Small Business Ideas. Computer Repairing. Making Handmade Presents. Gift Wrapping. Pet-Sitting service. Social Marketing. Baking. Setting up Devices. More items •27-Feb-2023

There is 1 question to complete.