ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Choose the statement that is NOT suitable to the entrepreneurship concept ____
A
Entrepreneur always think of profit
B
Entrepreneur distributes item
C
Entrepreneur tries to develop the business
D
Entrepreneur is the efficient in doing is doing his job
Explanation: 

Detailed explanation-1: -Profit is not necessarily an entrepreneur’s primary goal. It can be, but it does not have to be. Profit is simply a result of doing business that leads to success-if you are just starting out, don’t put profit ahead of everything else.

Detailed explanation-2: -Answer and Explanation: The correct answer is option a. They will always make a profit.

Detailed explanation-3: -In entrepreneurship, the primary goal is not to make a profit but rather to create value, to change how people do business, perceive things, understand things, or to even change how they live.

Detailed explanation-4: -Entrepreneur is often aware of the business environment with immense product knowledge, the acceptance of the product or service is known by the feedback of the same, and desire for immediate feedback is not a typical characteristic of an entrepreneur. Was this answer helpful?

There is 1 question to complete.