BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Is used at times as a vehicle to generate some ideas.
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2. An enterprise is an already formed business organization that offers some goods or services, etc
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3. The enterprise is some business structure/object that usually carries out some commercial activity, creates new job positions, gains some profits
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4. An enterprise structure, culture, core competence, and endurance can be residuals of particular human beings striving to forge
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Detailed explanation-1: -Enterprise is another word for a for-profit business or company, but it is most often associated with entrepreneurial ventures. People who have entrepreneurial success are often referred to as “enterprising.” There are many forms of legal enterprises, with the most common in the U.S.
Detailed explanation-2: -An enterprise is created by an entrepreneur. The process of creation is called “entrepreneurship”. Entrepreneurship is a process of actions of an entrepreneur who is a person always in search of something new and exploits such ideas into gainful opportunities by accepting the risk and uncertainty with the enterprise.
Detailed explanation-3: -What are the characteristics of an entrepreneur that nurture success? An entrepreneur is a person who has a passion for creation and the ability to follow through on their ideas, someone who has the ability to see a need that has previously not been addressed or in some cases created a need that didn’t even exist.
Detailed explanation-4: -An Entrepreneur is an innovator who brings in new ideas to create a successful business venture.