The process of designing, launching and running a new business, which is often initially a small business, or as the capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.

DEFINITION OF SOCIAL ENTREPRENEURSHIP

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The process of designing, launching and running a new business, which is often initially a small business, or as the “capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.”

A	Business
B	Economics
C	Entrepreneurship
D	Marketing

Explanation:

Detailed explanation-1: -Entrepreneurship has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale or hire.

Detailed explanation-2: -Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs.

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.

Detailed explanation-4: -Essentially, entrepreneurship is the process of developing, organizing, and running a new business to generate profit while taking on financial risk.

Detailed explanation-5: -Serial Entrepreneur Those kinds of entrepreneurs start a business, then they sell it and pivot to launching a new idea. They are still considered entrepreneurs because they operate and assume risk in the business for the time they own it.

There is 1 question to complete.