ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
People who work for someone else
A
Entrepreneurs
B
Contractor
C
Employee
D
Entrepreneurship
Explanation: 

Detailed explanation-1: -Those who are employed by others are known as employees. Example, workers who work for a company are called employees of that company.

Detailed explanation-2: -employee. noun. someone who is paid regularly to work for a person or an organization.

Detailed explanation-3: -An employee is a person who works for a company while performing his or her duties, whereas an entrepreneur is a person who creates a new business while bearing risks and enjoying most of the profits and rewards.

Detailed explanation-4: -An employer is a person, company, or organization that employs people-pays them for work. The people who are paid to work are called employees. Employers provide employment.

Detailed explanation-5: -What do you call your employees… employees? Some companies have chosen to label their employees something other than employees. They call them team members, associates or other more endearing and personalized names and titles. With a little creativity, you can come up with a title for your employees, or even […]

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