ENTREPRENEURSHIP

Detailed explanation-1: -Transparency. The practice of operating openly and communicating fully, providing stakeholders with a clear understanding of how your enterprise operates.

Detailed explanation-2: -Intellectual Property – non-physical assets created by individuals or companies that hold the exclusive legal right to commercialize. A copyright gives the author the sole right to benefit economically from what he/she wrote. A patent gives the inventor the sole right to benefit commercially from his/her invention.

Detailed explanation-3: -Competitors are not considered to be a stakeholder.

Detailed explanation-4: -The biggest reward of becoming an entrepreneur is the personal satisfaction that comes from having the freedom to make your own business decisions and then act on them.