6. Entrepreneurship is needed for
(a) Innovation
(b) Social benefits
(c) Employment opportunities
id) All of these
Answers
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Option (d) All of these
is your answer
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Answer:
The correct answer is (d) all of these
Explanation:
- The production or extraction of economic value is referred to as entrepreneurship.
- According to this definition, entrepreneurship is considered as transformation that often involves greater risk than is typical when beginning a firm and may also involve values other than just financial ones.
- The aptitude and preparedness to create, plan, and manage a commercial enterprise—along with all of its uncertainties—in order to turn a profit is what is meant by entrepreneurship.
- The creation of new firms is the most visible illustration of entrepreneurship.
- So entrepreneurship is needed for innovation, social benefits and employment opportunities.
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