Michelles primary reason for starting her own business is her desire to make her own schedule. Michelle is looking forward to the ..... she hopes to have as a business owner.

ENTREPRENEURS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Michelle’s primary reason for starting her own business is her desire to make her own schedule. Michelle is looking forward to the ____ she hopes to have as a business owner.

A	advanced technology
B	tax breaks and deductions
C	personal commitment
D	flexibility and independence

Explanation:

Detailed explanation-1: -Michelle’s primary reason for starting her own business is her desire to make own schedule.

Detailed explanation-2: -Freedom and passion, not money, is the main motivation. Nearly two-thirds of respondents said they had started their own business for one of those two reasons. On the other hand, money is not as much of a factor for many small business owners: Just 8% of respondents said that was their main motivation.

Detailed explanation-3: -An entrepreneur is an individual who starts and runs a business with limited resources and planning, and is responsible for all the risks and rewards of their business venture. The business idea usually encompasses a new product or service rather than an existing business model.

Detailed explanation-4: -Reason 1: Achievement, Challenge, & Learning. Reason 2: Independence & Autonomy. Reason 3: Income Security and Financial Success. Reason 4: Recognition and Status. Reason 5: Family. Reason 6: Dissatisfaction with Current Work Arrangements. Reason 7: Community and Social Motivation. 27-Jan-2016

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ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS