INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the definition of a Business?
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A company or organization that sells products or provides services to customers.
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A system in which people buy and sell goods, services, and resources.
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The more people demand the more business will supply.
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Someone who starts a business with the intention of earning a profit.
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Explanation:
Detailed explanation-1: -noun. an organization that buys or sells products or services for money. This word often refers to a small organization that is owned and run by one person or a few people, while company can also refer to large organizations.
Detailed explanation-2: -business organization, an entity formed for the purpose of carrying on commercial enterprise. Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation.
Detailed explanation-3: -Retailer: Retailers are companies that buy products from other vendors and sell them to consumers.
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