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: -Peter F. Drucker states that an entrepreneur is the one who always searches for changes, responds to it and exploits it as an opportunity. He further states that innovation is the specific tool of entrepreneur, the means by which he expliots change as an opportunity for a different business or services.

Detailed explanation-3: -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-4: -According to Peter F. Drucker “opportunities are of three types: additive, complementary and break-through”.

Detailed explanation-5: -Joseph Schumpeter Was this answer helpful?