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The process of setting up one's own business, rather than taking a job, is:
AWage employment
BPaid consultancy
CApprenticeship
DEntrepreneurship
Answer & Solution
Correct answer: D. Entrepreneurship
1. The person is the entrepreneur.
2. The unit created is the enterprise.
3. The process is entrepreneurship.
_Source: NCERT Class 11 Business Studies, Chapter 9, Small Business and Entrepreneurship._
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