BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Joint venture
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Majority interest
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Horizontal merger
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Diversified activity merger
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Detailed explanation-1: -Answer: b. Ownership position of more than 50 per cent in a business is known as: Minority Interest.
Detailed explanation-2: -Having more than 50% ownership position that provides the entrepreneur with managerial control is called as Majority Interest .
Detailed explanation-3: -Serial entrepreneurs are responsible for multiple companies.
Detailed explanation-4: -Private Entrepreneur: A private entrepreneur is one who as an individual sets up a business enterprise. He / she it’s the sole owner of the enterprise and bears the entire risk involved in it.
Detailed explanation-5: -International Management Joseph Schumpeter argued that entrepreneurs develop new products and technologies that over time make current products and technologies obsolete, and this process, which he called creative destruction, is good because it stimulates economic activity.