ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The fastest growing category of industries in the U.S. is ____ industry
A
local
B
service
C
retail
D
manufacturing
Explanation: 

Detailed explanation-1: -Leisure and Hospitality. Reflecting cyclical growth, leisure, and hospitality are expected to experience the fastest compound annual rate of change growth at 1.3% among all U.S. sectors from 2021-31, the BLS says. That amounts to more than 1.9 million projected jobs to be added during that period.

Detailed explanation-2: -Financial Services. Community Services. Hotels and restaurants. There has been 13% hike in the sector of trade hotels, trans-portation and communication in Indian economy as compared to 10.4% rise in previous year.

Detailed explanation-3: -Healthcare, remote learning technology, online retailing, OTT platforms, and pharmaceuticals are some leading growth sector examples.

Detailed explanation-4: -Shipping and delivery services. The rising popularity of online purchases has led to an increased demand for shippers and is fast securing its place as the growth industry front-runner. The healthcare industry. Travel and food industries. Online retail. The AI revolution. 23-Jan-2023

There is 1 question to complete.