ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
THE WORD ENTREPRENEUR IS DERIVED FROM THE LATIN WORD ____
A
Entrepreneur
B
Entreprendre
C
Entrepreneura
D
Entrepreneru
Explanation: 

Detailed explanation-1: -The word “entrepreneur” originates from a thirteenth-century French verb, entreprendre, meaning “to do something” or “to undertake.” By the sixteenth century, the noun form, entrepreneur, was being used to refer to someone who undertakes a business venture.

Detailed explanation-2: -The word “entrepreneur” originally comes from the combination of two Latin words “entre”, to swim out, and “prendes”, to grasp, understand, or capture.

Detailed explanation-3: -Entrepreneur is a French word probably coined by the economist Jean-Baptiste Say from the word entreprendre, which is usually translated as “undertaker” or “adventurer."1 Say studied Smith’s book and, while agreeing on all points, found that the omission of enterprising businessmen was a serious flaw.

Detailed explanation-4: -The word entrepreneur actually originates from the 13th century French word ‘entreprendre’ which means to undertake or to do something. By the 16th century this had become the noun entrepreneur, taken to mean someone who undertakes a business project or speculation. This is an important point to make.

Detailed explanation-5: -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?

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