BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Doing old business
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Starting a new business
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Doing a job
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All three
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Detailed explanation-1: -Essentially, entrepreneurship is the process of developing, organizing, and running a new business to generate profit while taking on financial risk.
Detailed explanation-2: -This means registering your business and obtaining any required licenses or permits. After this, establish a business location. From there, create an advertising plan to attract customers, establish a customer base, and adapt as your business grows.
Detailed explanation-3: -Q6-What is a startup company? How is it related to an enterprise? Ans-An entrepreneurship venture initially is called a startup company and when established it is termed as an enterprise which may later become a business.
Detailed explanation-4: -When starting their own businesses, entrepreneurs are not motivated by what you may think. The main reason most people want to become their own boss is the freedom, satisfaction and flexibility it offers them. Entrepreneurs need to embrace new technology and use it to their benefit to continue growing their startups.