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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opportunity
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entrepreneur
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venture
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elastic
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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 someone who starts or owns a business. Whether it’s in farming, retail, manufacturing or in the service sector, entrepreneurs are businesspeople who find their success by taking risks.
Detailed explanation-3: -Innovative individuals working in existing companies are sometimes called intrapreneurs. Other terms used in the corporate setting are corporate entrepreneurship and intrapreneurship.
Detailed explanation-4: -Intrapreneurs are individuals who are tasked with creating new and innovative products within an already-established business. Backed by a company’s available resources, intrapreneurs develop open-ended ideas and turn them into real-world products and services.