INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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enterprende
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entrependre
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entreprendre
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None of the above
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Detailed explanation-1: -The word entrepreneur comes from the 13th century French verb “entreprendre”, meaning “to do something” or “to undertake”. By the 16th century, the noun “entrepreneur” had emerged to refer to someone who undertakes a business venture. The first academic usage of the term was by economist Richard Cantillon in 1730.
Detailed explanation-2: -The term “entrepreneur” likely comes from the French word “entreprendre, ‘’ meaning to start something. Richard Cantillon, an 18th-century Irish-French economist, is widely credited with defining entrepreneurship-and entrepreneurs-as an economic force that drives development.
Detailed explanation-3: -Entrepreneur is derived from a french word ‘entreprendre’ which means to ‘undertake’ or a person who undertakes the responsibility of building a new business taking on financial risks. Was this answer helpful?