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Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.
Q. What is the process of creation of an enterprise known as?
  • a)
    Venture
  • b)
    Project
  • c)
    Entrepreneurship
  • d)
    Business idea
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Direction: Read the given text and answer the questions that follow: ...
The process of action, an entrepreneur undertakes to establish an enterprise is called entrepreneurship. It is the process of running, designing and launching a new company or business that is often a small business initially. The individuals who create these kinds of businesses or companies are called entrepreneurs.
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Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.Q. What is the process of creation of an enterprise known as?a)Ventureb)Projectc)Entrepreneurshipd)Business ideaCorrect answer is option 'C'. Can you explain this answer?
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Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.Q. What is the process of creation of an enterprise known as?a)Ventureb)Projectc)Entrepreneurshipd)Business ideaCorrect answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.Q. What is the process of creation of an enterprise known as?a)Ventureb)Projectc)Entrepreneurshipd)Business ideaCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.Q. What is the process of creation of an enterprise known as?a)Ventureb)Projectc)Entrepreneurshipd)Business ideaCorrect answer is option 'C'. Can you explain this answer?.
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