SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Individuals who come up with a new idea for a good or service, then they make it a reality
A
resource
B
human resources
C
consumer
D
entrepreneur
Explanation: 

Detailed explanation-1: -Business entrepreneurs are individuals who conceive an idea for a new product or service and-then creates a business to materialize their idea into reality. They tap both production and marketing’ resources in their search to develop a new business opportunity.

Detailed explanation-2: -An entrepreneur is someone who creates, owns, and potentially runs a business.

Detailed explanation-3: -We must have food, water, air, and shelter to survive. If any one of these basic needs is not met, then humans cannot survive.

There is 1 question to complete.