INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Corporate entrepreneurship, or intrapreneurship as it is often referred to, is the concept of supporting employees to think and behave like entrepreneurs within the confines of an existing organisational structure.
Detailed explanation-2: -Prior experience helps one to understand the opportunities that exist. The entrepreneur is more familiar with the needs and wants that exist and more apt to identify and recognize an opportunity to that meets those needs or wants.
Detailed explanation-3: -The entrepreneur is defined as someone who has the ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits. The best example of entrepreneurship is the starting of a new business venture.
Detailed explanation-4: -Intrapreneurship. Social Entrepreneurship. Indigenous Entrepreneurship. More items