INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is NOT an advantage of Entrepreneurship?
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You can be creative
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Make a lot of Money
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You will make decisions alone
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Can choose a business of interest
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Explanation:
Detailed explanation-1: -There will be no fixed working hours. There will be no assurance of income in the initial days. You need to find investors who will be interested in your project. There is a chance of going bankrupt if the business idea does not work out.
Detailed explanation-2: -Therefore, the correct option is C extravagant use of resources since, extravagant use will lead to wastage of resources.
Detailed explanation-3: -Greater personal responsibility. Potential financial risks. More personal stress. Requires a professional network. Requires greater sacrifices, longer working hours. Competition with other established businesses. 10-Mar-2023
There is 1 question to complete.