Question : Which of the following is an example of a non-financial incentive for entrepreneurship development?

Option 1: Tax exemptions

Option 2: Access to capital

Option 3: Business incubation

Option 4: Public recognition and awards

Question

Question : Which of the following is an example of a non-financial incentive for entrepreneurship development?

Option 1: Tax exemptions

Option 2: Access to capital

Option 3: Business incubation

Option 4: Public recognition and awards

Team Careers360 · Accepted Answer

Correct Answer: Public recognition and awards

Solution : Non-financial incentives refer to rewards or benefits that are not directly related to money or financial gain. Public recognition and awards are examples of non-financial incentives that can motivate and encourage entrepreneurs to develop their businesses. Tax exemptions, access to capital, and business incubation are examples of financial incentives.
Hence Option D is correct.

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Question : Which of the following is an example of a non-financial incentive for entrepreneurship development? Option 1: Tax exemptions Option 2: Access to capital Option 3: Business incubation Option 4: Public recognition and awards

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Question : Which of the following is an example of a non-financial incentive for entrepreneurship development?

Option 1: Tax exemptions

Option 2: Access to capital

Option 3: Business incubation

Option 4: Public recognition and awards

Question : Entrepreneurship provide livelihood to those who neither have capital to earn interest nor had land to earn rent.
Which need for entrepreneurship is highlighted here?

Question : The important indicator of economic development is increase in GDP. As income is generated in the production, entrepreneurship generate income through organisation of production.
Which need for entrepreneurship is highlighted here?