ENTREPRENEURSHIP

Detailed explanation-1: -A classical entrepreneur is one who is concerned with the customers and marketing needs through the development of a self-supporting venture. He is a stereotype entrepreneur whose aim is to maximise his economic returns at a level consistent with the survival of the firm with or without an element of growth.

Detailed explanation-2: -A businessman is someone who sets up a business with an existing idea offering products and services to the customers. An entrepreneur is a person who starts an enterprise with a new idea or concept, undertaking commercial activities.

Detailed explanation-3: -An entrepreneur is someone who starts or owns a business. Whether it’s in farming, retail, manufacturing or in the service sector, entrepreneurs are businesspeople who find their success by taking risks. In their pursuits, they often become disruptors in established industries.

Detailed explanation-4: -Innovative entrepreneurship Innovative entrepreneurs are people who are constantly coming up with new ideas and inventions. They take these ideas and turn them into business ventures.