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Write a Word Or Phrase Or a Term Which Can Substitute the Following: an Undertaking Or Adventure Involving Uncertainty and Risk and Requiring Innovation. - Organisation of Commerce and Management

One Word Answer

Write a word or phrase or a term which can substitute the following:
An undertaking or adventure involving uncertainty and risk and requiring innovation.

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Solution

An undertaking or adventure involving uncertainty and risk and requiring innovation – Enterprise.

Explanation:
An enterprise is an organisation or industry that works for earning profits. It undertakes the innovation of goods and services along with the risk involved.

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APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 8 Entrepreneurship Development
Write a word or phrase | Q 1 | Page 190
Balbharati Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board
Chapter 3 Entrepreneurship Development
Exercise Q.1 | Q 3.1 | Page 50
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