INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Digital.
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Franchise.
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Corporate.
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Public sector.
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Detailed explanation-1: -As CEO of DEVISE, Jefri began his business as a web design and marketing firm which eventually transformed into an entity that creates, markets, monetizes and then eventually sells websites. Jefri’s business related to which of the following category of entrepreneurship? Digital.
Detailed explanation-2: -Entrepreneurship has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale or hire.
Detailed explanation-3: -The term technopreneurship is a combination of the words ‘technology’ and ‘entrepreneurship’. It is a type of technology-related entrepreneurship. However, unlike entrepreneurship which may often be a one-person show, it requires tech-savvy, creative, imaginative people who can take on a calculated risk.
Detailed explanation-4: -Large Company Entrepreneurship-Most of these companies grow and sustain by offering new and innovative products that revolve around their main products.
Detailed explanation-5: -First-generation entrepreneur: A first generation entrepreneur is one who starts an industrial unit by innovative skills. b.