Question

Which one of the them is not an importance of entrepreneur?
(a) Provides employment to the people
(b) Contributes towards research and development system
(c) Creates wealth for the nation
(d) Provides self sufficiency

Answer 1

Answer:

(b) Contributes towards research and development system

Answer 2

Contributes towards research and development system is not the importance of an entrepreneur.

Answer: Option (d)

Explanation:

An entrepreneur 'provides employment to the people', 'creates wealth for the nation ' and 'provides self sufficiency'. The entrepreneur will have to study all the factors which may have an influence on the selection of the type of business. Besides keeping an open mind while looking for business opportunities and generating business ideas, an entrepreneur must keep in mind that the business idea should utilize his technical and professional abilities.