ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
It is the state of being employed or having a job.
A
employment
B
entrepreneurship
C
job creation
D
occupation
Explanation: 

Detailed explanation-1: -Employment most generally means the state of having a paid job-of being employed. To employ someone is to pay them to work. An employer provides employment to employees.

Detailed explanation-2: -Self-employed refers to an individual who works for him or herself, by either owning a business, being a freelancer or is an independent contractor for an external company. Employee is an individual who is under a contract to work for a company for an agreed compensation.

Detailed explanation-3: -The occupation through which people work for others and get remuneration in the form of wages or salaries is known as employment.

Detailed explanation-4: -Employment is an agreement between an employer and an employee that the employee will provide certain services. In return, the employee is paid a salary or hourly wage. Although employees can negotiate certain items in an employment agreement, the terms and conditions are primarily determined by the employer.

Detailed explanation-5: -For example, employment can be: An hourly part-time job that is paid for a certain amount for each hour they worked. Full-time employment in which individuals receive a salary and benefits from an employer for performing the tasks or work assigned to then that is required by a particular position.

There is 1 question to complete.