ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A/An ____ is an individual who undertakes the creation, organization, and ownership of a business.
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consumer
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entrepreneur
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business owner
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capitalist
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Explanation:
Detailed explanation-1: -Entrepreneurs are individuals who undertake the organization of a new business and the risks and rewards that come with it.
Detailed explanation-2: -An entrepreneur is an individual who identifies a need in the marketplace and works to fulfill it. The term, historically, has been applied to an individual who starts a business, seeing the ability to fulfill that identified need as an economic opportunity.
Detailed explanation-3: -Intrapreneurship is simply entrepreneurship in an existing organization. In many ways, intrapreneurship is easier for an individual than entrepreneurship because it has the support of an existing organization.
There is 1 question to complete.