ENTREPRENEURSHIP

Detailed explanation-1: -Start-up companies can be defined as entities that have been incorporated within the past one year, and have ideas or concepts that require funds for proof of concept and/or prototyping. Product innovation refers to the changes in the products/services which an organization offers.

Detailed explanation-2: -The term startup refers to a company in the first stages of operations. Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand.

Detailed explanation-3: -Q6-What is a startup company? How is it related to an enterprise? Ans-An entrepreneurship venture initially is called a startup company and when established it is termed as an enterprise which may later become a business.

Detailed explanation-4: -Definition. A businessman is an individual who operates or starts a business with the same old business idea. An entrepreneur is an individual with an exclusive idea to initiate and establish a new venture. Market state.

Detailed explanation-5: -Corporate entrepreneurship is a more general term referring to entrepreneurial actions taking place within an existing organization whereas Intrapreneurship refers to individual activities and behaviors.