Business Studies · Entrepreneurship Development
According to Joseph Schumpeter and classical economic theory, the primary and most essential function of an entrepreneur is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Innovation✓
- 2Financing
- 3Day-to-day management
- 4Routine administration
Correct answer
Innovation
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Business Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Entrepreneurship Development MCQs →Want more practice questions on Entrepreneurship Development?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Business Studies · Entrepreneurship Development