BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Business
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Businessman
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Entrepreneur
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Entrepreneurship
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Detailed explanation-1: -ENTREPRENEURSHIP, according to Professor Nathaniel Left, is the capacity for innovation, investment and expansion in new markets, products and techniques. Development is a process while growth is a product.
Detailed explanation-2: -It is the capacity for innovation, investment and expansion in new markets, products and tecniques. A. Enterprise.
Detailed explanation-3: -Innovation capacity has been defined as continually improving the capabilities and resources of firms for discovering opportunities in order to engage in new product development (Szeto, 2000). Meanwhile, there is a huge attention to meeting the customers’ needs by developing new products.
Detailed explanation-4: -Entrepreneurship refers to the process of developing new business ventures or growing existing ones. Central to this activity is entrepreneurs: innovative and risk-taking individuals who seek to bring about change and new opportunities, both for themselves and the business communities in which they operate.