BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ENTREPRENEURIAL DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The capacity for innovation, investment and expansion in new markets, products and techniques.
A
Business
B
Businessman
C
Entrepreneur
D
Entrepreneurship
Explanation: 

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.

There is 1 question to complete.