INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
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the activity of helping people and taking financial risks in the hope of preventing loss.
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the activity of helping people and avoiding financial risks in the hope of preventing loss.
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the activity of setting up a business or businesses and taking on financial risks in the hope of making profit.
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the activity of setting up a business or businesses and avoiding financial risks in the hope of making profit.
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Detailed explanation-1: -Entrepreneurship is the mindset and process to create and develop economic activity by. blending risk-taking, creativity and/or innovation with sound management, within a new. or an existing organisation.
Detailed explanation-2: -Entrepreneurship. The activity of setting up a business/es, taking on financial risks in the hope of profit. Entrepreneur. A person who organizes and manages an enterprise, especially a business, usually with considerable initiative and risk. Initiative.
Detailed explanation-3: -The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
Detailed explanation-4: -Entrepreneurship can be defined as the activity of setting up a business or businesses, and taking on financial risks in the hope of making profit.