Entrepreneurs have the responsibility of making decisions related to their enterprises. Identify the areas of the enterprise where they contribute.

Product

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Technology

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Investment

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Employment

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D Employment
Entrepreneurs are expected to have managerial abilities so that they can do business activities efficiently. They make decisions about the product, technology, marketing, and employment. Also, they take responsibility for their decisions and bear the brunt of risks, if any.

Suggest Corrections

Similar questions

In 2005 Elharti and Airtel joined their hands and proved that they are the biggest players in the telecom sector. Identify this example is related to which type of enterprises. Elaborate its concept and features in your own words.

Q. ___ determine their contribution towards productivity and profitability of any enterprise.

Q. Identify the area in which entrepreneurs contribute the least.

Clarify the meaning of the terms 'entrepreneur', 'entrepreneurship' and 'enterprise'.

Q. Global enterprises have to make extra efforts with their marketing strategy in an untapped market.

Join BYJU'S Learning Program