ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneurs will work very long hours-often 7 days a week. This means that:
A
plenty of time will remain to pursue personal and family interests.
B
personal interests will often take a backseat to the business.
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The main reason behind these long hours is that entrepreneurs care about their companies and usually do not wish to delegate their workload to someone else. As a result of this, they spend the majority of their days working. Of course, not everyone works that many hours.

Detailed explanation-2: -We all know small-business owners who work seven days a week-maybe you’re even one of them. Others of you may not believe such workaholics actually exist. Let us assure you, they do.

Detailed explanation-3: -According to [5], Entrepreneurial Interests are desire, interest, and willingness to work hard or strong-willed to meet their needs without fear of the risks that may happen, as well as strong-willed to learn from failure.

Detailed explanation-4: -One survey from New York Enterprise Report found that small business owners work twice as much as regular employees. It also found that 33% of small business owners reported working more than 50 hours per week, and 25% said they work more than 60 hours a week.

There is 1 question to complete.