The government launched a programme for pollution free zones and provides financial assistance to entrepreneurs. By inducing such assistance, Ms. A was induced to enter into entrepreneurship. This included in which category? Explain.
Answers
The government launched a program for pollution-free zones and provides financial assistance to entrepreneurs. By inducing such assistance, Ms. A was induced to enter into entrepreneurship. Ms. A comes under the category of induced entrepreneurs.
These entrepreneurs are not naturally inclined to start their own venture. They are generally induced to enter into business due to some personal compulsion.e.g not being able to get a decent job or enter into business to avail benefits of the scheme declared by the government. E.g subsidy given by the government on loan disbursed for starting an entrepreneurial venture.
In the given instance, Ms. A decides to start her own business on the incentive of financial assistance provided by the government to set up business in pollution-free zones. So, she is an induced entrepreneur.
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Answer:
Explanation:
The government launched a program for pollution-free zones and provides financial assistance to entrepreneurs. By inducing such assistance, Ms. A was induced to enter into entrepreneurship. Ms. A comes under the category of induced entrepreneurs.
These entrepreneurs are not naturally inclined to start their own venture. They are generally induced to enter into business due to some personal compulsion.e.g not being able to get a decent job or enter into business to avail benefits of the scheme declared by the government. E.g subsidy given by the government on loan disbursed for starting an entrepreneurial venture.
In the given instance, Ms. A decides to start her own business on the incentive of financial assistance provided by the government to set up business in pollution-free zones. So, she is an induced entrepreneur.