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 exhibited entrepreneurial spirit through the creation of painted lamps, later diversifying into painted pots and tiles. This highlights innovation and the development of a novel business concept. Although decision-making and risk-taking are entrepreneurial components, the primary focus here is her creativity and the introduction of new products. Income distribution occurs at a subsequent stage of business maturity.