ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is an example of an entrepreneur?
A
A manager of a business
B
A person who runs a government-owned news organization
C
A plumber who works for a company owned by an individual
D
A person who uses his/her money to start a business selling a product
Explanation: 

Detailed explanation-1: -A single-location restaurant, one grocery shop, or a retail shop to sell your handmade goods would all be an example of small business entrepreneurship. These individuals usually invest their own money and succeed if their business turns a profit, which they live off of.

Detailed explanation-2: -Entrepreneurship examples can be startup companies like BYJU’S, Ola, Flipkart, etc, or it can be any small business that is started by an individual or a group of individuals.

Detailed explanation-3: -Spontaneous Entrepreneur: These entrepreneurs start their business because of their natural talents.

Detailed explanation-4: -The term business-to-consumer (B2C) refers to the process of selling products and services directly between a business and consumers who are the end-users of its products or services. Most companies that sell directly to consumers can be referred to as B2C companies.

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

There is 1 question to complete.