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
Correct Answer: Job opportunities
Solution : The correct answer is (b) Job opportunities
As mentioned in the case study, Ms. Patel's boutique hotels provided job opportunities to the local community. This signifies a positive impact on employment within the community where the hotels are located.
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 2: The Role of Entrepreneurs
Ms. Sana is a successful entrepreneur who owns a chain of organic food stores. She sources organic produce directly from local farmers and promotes healthy eating habits. Her stores have gained popularity due to their focus on sustainability and quality products.
What role does Ms. Sana play in society as an entrepreneur?
Option 1: She provides raw materials to other businesses
Option 2: She creates job opportunities for local farmers
Option 3: She invests in the stock market
Option 4: She leads a government agency
What sets Ms. Sana's stores apart from others in the market?
Option 1: They offer the cheapest prices
Option 2: They focus on organic and sustainable products
Option 3: They only sell imported goods
Option 4: They offer exclusive membership benefits
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