Question

3. Entrepreneurial development is the key to achieve all-round
industrial and entrepreneurial activities.
(A) economic development
(B) increase in profits
(C) shareholders value
(D) business development​

Answer 1

Answer:

business development

Answer 2

The correct answer is OPTION A: Economic Development.

• Economic growth is defined as a rise in a country's actual per capita income over time.
• Entrepreneurship is critical for economic growth.
• In the process of industrialization and economic advancement, entrepreneurs serve as catalysts.
• Entrepreneurs must put technological discoveries to good use for economic development to occur.
• Capital, labour, and technology are all organised and utilised by the entrepreneur.
• As a result, "growth does not follow naturally from favourable economic conditions."
• A catalyst is required, and this necessitates a significant amount of entrepreneurial activity; the diversity of activities that characterise rich countries can be linked to the availability of entrepreneurs.