Question : Case Study 6: Sustainable Entrepreneurship
Mr. Kumar, an environmentally conscious entrepreneur, founded a company that produces solar-powered gadgets and appliances. His business aims to provide eco-friendly alternatives to traditional electrical appliances, thus reducing the carbon footprint.
Question:
Mr. Kumar's venture aligns with the concept of:
Option 1: Sustainable entrepreneurship
Option 2: Franchise business
Option 3: Import-export business
Option 4: Large-scale manufacturing
Correct Answer:
Sustainable entrepreneurship
Solution : The correct answer is (a) Sustainable entrepreneurship
Sustainable entrepreneurship involves creating and running businesses that have a positive impact on the environment and society. Mr. Kumar's company, which produces solar-powered gadgets and appliances with the aim of providing eco-friendly alternatives, falls under the category of sustainable entrepreneurship. The focus on reducing the carbon footprint reflects a commitment to environmental sustainability.
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