ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these is not a way for entrepreneurs to get into business?
A
Buying a franchise
B
Taking someone’s business by force
C
Starting their own business
D
Buying another individual’s business
Explanation: 

Detailed explanation-1: -(D) Communication is the correct option because rest all the three are ways an entrepreneur can enter into international business while communication is a way for transferring information between each other.

Detailed explanation-2: -Which is not a way entrepreneurs find business opportunity? a business purchase.

Detailed explanation-3: -While, an entrepreneur needs to be innovative while planning and deciding upon business activities as to fulfill the public demand but, it is not his duty to innovate new technology or products. Thus, innovation is not a function to be performed rather an essential characteristic of a successful entrepreneur.

Detailed explanation-4: -Independently Sell for a Brand. Freelance or Consult. Franchise. Start a Service Business in Your Community. 17-Jan-2022

There is 1 question to complete.