Question : Case Study 7: Impact of Entrepreneurship on Employment

Ms. Patel, a successful entrepreneur, founded a chain of boutique hotels in various tourist destinations across the country. Her hotels have not only attracted tourists but also provided job opportunities to the local community.

Question:

Ms. Patel's role as an entrepreneur has contributed to:

Option 1: Decreased tourist attractions
 

Option 2: Increased pollution in tourist destinations
   

Option 3: Economic development and employment generation

Option 4: Decline in the hospitality industry

Question : Case Study 7: Impact of Entrepreneurship on Employment

Ms. Patel, a successful entrepreneur, founded a chain of boutique hotels in various tourist destinations across the country. Her hotels have not only attracted tourists but also provided job opportunities to the local community.

Question:

What impact did Ms. Patel's boutique hotels have on the local community?

Option 1: Increased taxes
  

Option 2: Job opportunities
    

Option 3: Pollution

Option 4: Decreased tourist inflow

Question : Case Study 7: Impact of Entrepreneurship on Employment

Ms. Patel, a successful entrepreneur, founded a chain of boutique hotels in various tourist destinations across the country. Her hotels have not only attracted tourists but also provided job opportunities to the local community.

Question:

What impact did Ms. Patel's boutique hotels have on the local community?

Option 1: Increased taxes
  

Option 2: Job opportunities
    

Option 3: Pollution

Option 4: Decreased tourist inflow

Question : Statement 1: Richard defined entrepreneur as the agent who buys means of production at certain prices in order to sell the produce at uncertain prices in the future.
Statement 2: Entrepreneurship is a systematic, purposeful activity of identifying a need.
 

Option 1: Both are true 
 

Option 2: Both are false
 

Option 3: Statement 1 is true and statement 2 is false.
 

Option 4: Statement 1 is false and statement 2 is true.