ENTREPRENEURSHIP

Detailed explanation-1: -An entrepreneur gets things done and loves to be competitive in the process. A true entrepreneur is not predictable, one that possesses a certain creativity level that allows one self to see and produce “ahead of the curve”. However, without strong people skills, an entrepreneur cannot be successful alone.

Detailed explanation-2: -Entrepreneurial resources are defined as the propensity of an individual to behave creatively, act with foresight, use intuition, and be alert to new opportunities.

Detailed explanation-3: -Entrepreneurs create their own company from an original idea, meaning entrepreneurs are usually responsible for managing all aspects of a business from the start. An entrepreneur can decide to start a business at any point, and their company does not belong to any other individual before they take charge.

Detailed explanation-4: -Entrepreneurship is one of the resources economists categorize as integral to production, the other three being land/natural resources, labor, and capital.