INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Pursue Financial Rewards means ____
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Making a profit and increasing the value of a company is a solidifying goal that people can rally around.
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Making an investment and decreasing the value of a company is a solidifying goal that people can rally around.
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Making a selling and increasing the development of a company is a solidifying goal that people can rally around.
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Making a profit and decreasing the development of a company is a solidifying goal that people can rally around.
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Explanation:
Detailed explanation-1: -The definition of entrepreneurship according to Oxford Languages is “the activity of setting up a business or businesses, taking on financial risks in the hope of profit.” However, Howard Stevenson of Harvard Business School, has defined entrepreneurship as the “pursuit of opportunity beyond resources controlled”.
Detailed explanation-2: -When starting their own businesses, entrepreneurs are not motivated by what you may think. The main reason most people want to become their own boss is the freedom, satisfaction and flexibility it offers them. Entrepreneurs need to embrace new technology and use it to their benefit to continue growing their startups.
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