ENTREPRENEURSHIP

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INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The amount of capital allocated, the management and the future planning of the business depend on the owner’s capability. This statement describes
A
private limited company.
B
limited liability partnership.
C
sole proprietorship.
D
partnership.
Explanation: 

Detailed explanation-1: -West, Ph. D., Agricultural Leadership, Education & Communications Page 2 Activity 1 Entrepreneurship is the activity of setting up a business or businesses, taking on financial risks in the hope of profit. Before you can better understand your role in entrepreneurship, you must take time to understand yourself.

Detailed explanation-2: -Facilities and resources that the business needs to provide its services and run operations may include computers, office equipment, furniture, and technological resources.

Detailed explanation-3: -Entrepreneurship is the process by which individuals pursue opportunities without regard to resources they currently control. The essence of entrepreneurial behavior is identifying opportunities and putting useful ideas into practice.

Detailed explanation-4: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022

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