ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneurship will lead to the creation of organizations.
A
TRUE
B
FALSE
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -True: Entrepreneurship will lead to the creation of organizations. True: Entrepreneurship can improve the life of the entrepreneur only.

Detailed explanation-2: -Entrepreneurship will lead to the creation of organizations. 5. Entrepreneurship can improve the life of the entrepreneur only.

Detailed explanation-3: -Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.

Detailed explanation-4: -Entrepreneurship Promotes Innovation Through the right practices of research and development, entrepreneurs bring new innovation that opens the door of new ventures, markets, products, and technology. Entrepreneurs have a role to play in solving problems that existing products and technology have not yet solved.

There is 1 question to complete.