ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneur-“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.”–Peter Drucker | Facebook.

Detailed explanation-2: -He argues that what defines an entrepreneur is their attitude to change: ‘the entrepreneur always searches for change, responds to it and exploits it as an opportunity’. To exploit change, according to Drucker, is to innovate.

Detailed explanation-3: -Opportunity–Based Entrepreneurship Theory creates (Drucker, 1985). He further says, “This defines entrepreneur and entrepreneurship, the entrepreneur always searches for change, responds to it, and exploits it as an opportunity”.

Detailed explanation-4: -It tells us to be on the lookout for improvement, to bring it and also hear it. Thus, when it happens, the entrepreneur must react to take advantage of it as the opportunity is.

Detailed explanation-5: -Peter Drucker was a leading authority on entrepreneurship and innovation. Below Drucker outlines seven sources or places to look for innovative opportunities, along with an outline of five steps to follow to take advantage of an innovative opportunity.