Question

Which of the following statements is correct

1. Entrepreneurship regarded as a creative activity.
2. Entrepreneurship is not regarded as a creative activity.

विकल्प

• Only statement I is correct

• Only statement II is correct

• Both (1) and (2) correct

• None of the above

Answer 1

Only statement I is correct

Explanation -

Entrepreneurship is the process of starting a business on one's own. Entrepreneurship is seen to be a very creative activity because entrepreneurship is stated to provide or create value. An entrepreneur establishes a link between two parties the raw materials and the finished goods according to societal requirements. This procedure adds in terms of income and wealth Even if it's a brand-new creation. For example, it kills current industries. The old desktops are being replaced by new laptops. It's known as creative destruction in the context of computers. Entrepreneurship is also thought to be a creative endeavor in the sense that it entails the implementation of new technologies and products. Even if new items or technology aren't invented but rather adapted from old ones, they are still considered innovative. This is due to the fact that repurposing old approaches necessitates ingenuity. For example, the inventor of laptops reinvented the ancient approach of table computers and therefore produced laptops. Thus, entrepreneurship can be defined as the essence of creativity.