Employability: Entrepreneurial Skills – I · Class 9 · CBSE Information Technology (402)
Which of the following best defines an entrepreneur?
Practice question from Employability: Entrepreneurial Skills – I (Class 9 · CBSE Information Technology (402)), with the correct answer and a step-by-step solution.
easy · MCQ · Q-BF20E7
Which of the following best defines an entrepreneur?
- A.An individual who only works for a fixed monthly salary in a large corporation.
- B.A person who creates a new business, bears most of the risks, and enjoys most of the rewards.Correct answer
- C.A government employee responsible for policy formulation.
- D.A person who strictly follows traditional methods without introducing any change.
Solution
An entrepreneur is someone who organizes, manages, and assumes the risks of running a business or enterprise to make a profit.
More from Employability: Entrepreneurial Skills – I
- What is the primary role of an entrepreneur in a country's economic development?
- Which of the following is an example of a service-based business idea?
- Distinguish between a salaried employee and an entrepreneur based on risk-taking.
- Which of the following characteristics is most crucial for a successful entrepreneur when facing repeated business failures?
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