Question:
“An entrepreneur diversifies the economic activities, across the geographic, sectoral and technological scope”, Identify the function of entrepreneur in relation to economic development given in the above statement.
“An entrepreneur diversifies the economic activities, across the geographic, sectoral and technological scope”, Identify the function of entrepreneur in relation to economic development given in the above statement.
Updated On: Sep 23, 2024
- Contribution to GDP
- Generation of employment
- Increasing the spectrum and scope of economic activities
- Generation of business opportunity for others
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The Correct Option is C
Solution and Explanation
The correct option is (C) :Increasing the spectrum and scope of economic activities.
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