Which of the following is/are entrepreneurial ventures?

A company that uses waste paper to make pencils

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A franchise of a restaurant

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An online workshop for students

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An e-learning course

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Solution

The correct option is C An online workshop for students
Entrepreneurs are people who identify challenges and convert them into opportunities. As a result, they come up with new ideas or refashion pre-existing ones. The recycled pencil company and the online workshop ventures do not align with traditional businesses. Hence, they are entrepreneurial ventures.

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Why are existing businesses not considered as entrepreneurial ventures?

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