Question :
Option :
- Entrepreneurs always work voluntarily
- No fixed salary or stable cash flow
- Profits are guaranteed from start
- Income is controlled by the government
Correct answer : b)
Explanation:
The correct answer is option b i.e. No fixed salary or stable cash flow.
Context:
The phrase “absence of assured income” is used in the discussion of entrepreneurship.
Meaning:
It implies that entrepreneurs do not have a fixed or predictable monthly income as employees do; their earnings depend on business success.
Why Option b is correct:
Entrepreneurs may experience fluctuations in income, especially during the early stages of a business. Therefore, there is no guaranteed salary or stable cash flow.
Why the other options are incorrect:
Option 1: Entrepreneurship is not necessarily voluntary work; entrepreneurs seek profits.
Option 3: Profits are not guaranteed and may take time to materialize.
Option 4: Entrepreneurial income is generally determined by business performance, not government control.
Hence, the chosen option is correct.