Question

_________is a process of developing a business plan, launching and running a business using innovation to meet customer needs and to make a profit

• A. Business Studies
• B. Market Research
• C. Entrepreneurship
• D. Business mind

Hint:

Entrepreneurship involves turning ideas into profitable ventures through planning, innovation, and leadership.

Answer 1

The Correct Option is C

Entrepreneurship is the process of identifying business opportunities, creating a business plan, organizing resources, launching a business, and managing it to meet customer needs and generate profits.
Key elements of entrepreneurship include:

Innovation and creativity
Risk-taking and decision-making
Business planning and execution
Customer-focused problem solving

Explanation of Other Options:

(A) Business Studies: An academic subject, not a process.
(B) Market Research: A tool used within entrepreneurship, not the overall process.
(D) Business mind: A vague term, not a defined concept.
Hence, the correct answer is option (C).