Question : Why is entrepreneurship development important?
Option 1: It promotes economic growth and development
Option 2: It provides job opportunities
Option 3: It fosters innovation and creativity
Option 4: All of the above
Correct Answer: All of the above
Solution : The correct answer is (d) All of the above.
Entrepreneurship development is important for several reasons, and all of the options mentioned are valid and interconnected reasons.
Overall, entrepreneurship development is crucial for economic vitality, job creation, fostering innovation, and promoting social progress. It not only benefits individuals who embark on entrepreneurial journeys but also contributes to the growth and well-being of societies as a whole.
Question : What is the role of entrepreneurship in human capital formation?
Question : Which scheme aims to encourage entrepreneurship in rural areas of India?
Question : Statement 1: From the point of view of the firm innovation maybe cost increasing. Statement 2: entrepreneurship is creative in the sense that it involves creation of value.
Question : Assertion: Entrepreneurship development contributes to technological advancement and innovation.
Reason: Entrepreneurs invest in sales maximisation activities for growth.
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