..... are those persons who seek to generate value, through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets.

DEFINITION OF ENTREPRENEURSHIP

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

____ are those persons who seek to generate value, through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets.

A	Entrepreneurs
B	Intrapreneurs
C	Either A or B
D	None of the above

Explanation:

Detailed explanation-1: -Entrepreneurs are those persons (business owners) who seek to generate value, through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets.

Detailed explanation-2: -Entrepreneurship is an economic activity because it involves the creation and operation of an enterprise with a view to creating value or wealth by ensuring optimum utilisation of scarce resources.

Detailed explanation-3: -A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit.

Detailed explanation-4: -An entrepreneur is someone who organizes, manages, and assumes the risks of a business or enterprise.

Detailed explanation-5: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP