INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Entrepreneurs do not receive a regular paycheck. This means that entrepreneurs:
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make lots of money.
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have an uncertain income
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Uncertain income: Entrepreneurship does not ensure a fixed and stable income like a full-time job. Entrepreneurs have no fixed income, and income is not guaranteed at the initial stage of business. No Fixed Working Hours: Apart from uncertain income, entrepreneurs do not have any fixed working hours.
Detailed explanation-2: -A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit.
There is 1 question to complete.