INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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British academic scholar which introduce entrepreneurship through the approach of social development model ____
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JosephA. Schumpeter (1934)
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McClelland(1961)
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Gibb and Ritchie (1981)
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Peter Drucker (1964)
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Explanation:
Detailed explanation-1: -According to Hagen, entrepreneurship is a function of status withdrawal. This theory provides that a class which lost its previous prestige or a minority group tends to show aggressive entrepreneurial drive.
Detailed explanation-2: -Weber argues that entrepreneurs make production decisions under conditions of uncertainty, where the goals of action are subject to choice and where consumer wants can be formed through entrepreneurial action.
Detailed explanation-3: -Kunkel presented a behavioral model of entrepreneurship. This model is concerned with the overtly expressed activities of individuals and their relation to the previous and presents surroundings, socials structures and physical conditions.
There is 1 question to complete.