INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the main goal for businesses?
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profit
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productivity
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Profit is the extra income over the expenses. The main objective of any business is to earn a profit. Just as a plant cannot survive without water, similarly a business cannot sustain without profit. Profit is necessary for growing and expanding business activities.
Detailed explanation-2: -When building a business, you should concentrate on a different hierarchy: Survive. Sustain. Profit.
There is 1 question to complete.