ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is an entrepreneur?
A
A person who earns a lot of money as a singer or dancer
B
A person who created a game and sells it to a game manufacturer
C
A person who starts and all-organic cleaning supplies business that employs others
D
A person who works as a highly paid computer programmer
Explanation: 

Detailed explanation-1: -Answer. It would be C. Due to the fact an entrepreneur is a person who takes risks to start his/her own business.

Detailed explanation-2: -An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

Detailed explanation-3: -An Entrepreneur is an innovator who brings in new ideas to create a successful business venture.

Detailed explanation-4: -These entrepreneurs either create a new market for their services or provide a service in an existing market.

Detailed explanation-5: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022

There is 1 question to complete.