INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
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Entrepreneur
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Entrepreneurship
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entrepreneurial spirit
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Business acumen
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Detailed explanation-1: -Entrepreneurship is defined as the capacity and the willingness to develop, organize, and manage a business venture in spite of the risks in order to make a profit. Entrepreneurs have a unique ability to harness creativity and innovation to produce a profit.
Detailed explanation-2: -Entrepreneurship is the willingness and ability to establish, organise and manage a business and take financial risks to make profits. An Entrepreneur is an innovator who brings in new ideas to create a successful business venture.
Detailed explanation-3: -Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.
Detailed explanation-4: -Entrepreneurship refers to all those activities which are to be carried out by a person to establish and to run the business enterprises in accordance with the changing social, political and economic environments.