ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

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 an entrepreneur.
A
tax breaks and deductions
B
flexibility and independence
C
advanced technology
D
personal commitment
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: -A lifestyle entrepreneur is an individual who creates a business for the purpose of changing their lifestyle instead of making profits. This type of entrepreneur usually wants to create a business because they are passionate about it and believe that it will be personally rewarding for them.

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

There is 1 question to complete.