ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneurship is the act of creating a business or businesses while bearing all the risks with the hope of making a profit. But as a basic definition, that one is a bit limiting.

Detailed explanation-2: -Entrepreneurship concentrates on business opportunities exploitation, business plan development and control, start-up establishment, management, team-building, market strategies, human resource management, leadership, innovation, intellectual property, economy, networking, market research, etc.

Detailed explanation-3: -Essentially, entrepreneurship is the process of developing, organizing, and running a new business to generate profit while taking on financial risk.

Detailed explanation-4: -An entrepreneur is an individual who takes an idea or product and creates a business, a process known as entrepreneurship.