ENTREPRENEURSHIP

Detailed explanation-1: -Decision taken by entrepreneur on behalf of his enterprise is mainly known as organizational decision. Entities all over the organizations use the information they gather to make a wide variety of decisions. These decisions may touch the lives of others and change the course of an organization.

Detailed explanation-2: -Deciding on the direction of a business plan is one of the most fundamental decisions that an entrepreneur can make. That’s why it should be taken seriously by anyone seeking entrepreneurial success.

Detailed explanation-3: -An entrepreneur is an individual who takes the risk to start their own business based on an idea they have or a product they have created while assuming most of the risks and reaping most of the rewards of the business.

Detailed explanation-4: -Serial entrepreneurs own more than one business at a time.

Detailed explanation-5: -Whether to turn your idea into a reality. Whether to expand or keep the status quo. Whether to give up. Outsourcing or hiring in-house. Product or service pricing. 15-Sept-2014