ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneurship is the willingness and ability to establish, organise and manage a business and take financial risks to make profits. An Entrepreneur is an innovator who brings in new ideas to create a successful business venture.

Detailed explanation-2: -Entrepreneurship is defined as the capacity and the willingness to develop, organize, and manage a business venture in spite of the risks in order to make a profit. Entrepreneurs have a unique ability to harness creativity and innovation to produce a profit.

Detailed explanation-3: -Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.

Detailed explanation-4: -Entrepreneurship is the process by which individuals-individually or within an organization-want to develop, implement, organize, and manage a new business (or changes in existing companies) with all the risks implied, in order to create economic value and make a profit.

Detailed explanation-5: -An entrepreneur always finds opportunities and transforms opportunities into achievement and gains economic benefits. Entrepreneurship involves process of manufacture, innovation in production, usage of new materials, and market etc.