ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the statements below is true?
A
Entrepreneur has limited career opportunities.
B
Entrepreneurs are prone to constant high income.
C
Entrepreneurs are contributor to the development of the society.
D
Entrepreneurs are the reasons for unemployment problem.
Explanation: 

Detailed explanation-1: -Basically, entrepreneurs are the pioneer of bringing new technologies and systems that ultimately bring changes to society. These changes are associated with improved lifestyle, generous thinking, better morale, and higher economic choice. In this way, social changes gradually impact national and global changes.

Detailed explanation-2: -Entrepreneurs have been instrumental in spurring social change and improving the way people live and work. They help raise the standard of living for everyone by creating jobs and making products safer, less expensive, and more functional.

Detailed explanation-3: -An entrepreneur gets things done and loves to be competitive in the process. A true entrepreneur is not predictable, one that possesses a certain creativity level that allows one self to see and produce “ahead of the curve”. However, without strong people skills, an entrepreneur cannot be successful alone.

There is 1 question to complete.