INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The process of starting, organizing, managing, and assuming the responsibility for a business is called
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capitalism
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entrepreneurship
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private enterprise
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innovative
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Explanation:
Detailed explanation-1: -The process of starting, organizing, managing, and assuming the responsibility for a business is called capitalism.
Detailed explanation-2: -Essentially, entrepreneurship is the process of developing, organizing, and running a new business to generate profit while taking on financial risk.
Detailed explanation-3: -The process of setting up a business is known as entrepreneurship.
Detailed explanation-4: -Entrepreneurship is the process of planning, organizing, operating, and assuming the risk of a business venture.
Detailed explanation-5: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022
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