ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

GLOBALIZATION AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A business that is operating under a new name or a business that has been purposely discontinued to start a new one is considered a
A
sole proprietorship
B
discontinuance
C
business failure
D
corporation
Explanation: 

Detailed explanation-1: -An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

Detailed explanation-2: -Entrepreneurship is the act of creating a business or businesses while bearing all the risks with the hope of making a profit.

Detailed explanation-3: -Business failure refers to shutting a company that results in a loss of financial resources for at least one of the company’s creditors.

Detailed explanation-4: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022

There is 1 question to complete.