Question

Just before the festive season, Sangeeta bought some plain lamps, painted them beautifully, and uploaded a video on YouTube. Her art was appreciated, and she got many orders. Besides making lamps, she also started painting pots and tiles, which gave a lot of boost to her business. According to you, which function of entrepreneurship is this?

• A. Making Decision
• B. Divide Income
• C. Taking Risk
• D. Creating New Idea, method, or product

Hint:

Entrepreneurship often involves identifying a need or opportunity and creating something new to fulfill it. This can be a product, service, or a new way of doing things.

Answer 1

The Correct Option is D

Sangeeta demonstrated entrepreneurship by creating a new product (painted lamps) and expanding her offerings to painted pots and tiles. This shows innovation and the development of a new business idea. While decision-making and risk-taking are part of entrepreneurship, the core function highlighted here is her creativity and the creation of a new product/service. Dividing income is a later stage of a successful business.