INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The process of starting & operating one’s own business.
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Entrepreneurship
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Entrepreneur
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Venture
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None of the above
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Explanation:
Detailed explanation-1: -3.01 Entrepreneurship, its stages, and the entrepreneurial process. An individual who undertakes the risk associated with creating, organizing, and owning a business. The process of starting and operating one’s own business. Applying principles of right and wrong to situations in the workplace.
Detailed explanation-2: -It is useful to break the entrepreneurial process into five phases: idea generation, opportunity evaluation, planning, company formation/launch and growth.
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