ENTREPRENEURSHIP

SOCIAL ENTREPRENEURSHIP

DEFINITION OF SOCIAL ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is an entrepreneur?(Pick one)
A
A person who thought of the innovative idea
B
A person who worked and helped to build on the idea.
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -According to Joseph A. Schumpeter, the effective function of an entrepreneur is to start innovation in venture. This theory is also called innovation theory or dynamic theory.

Detailed explanation-2: -An entrepreneur is someone who starts or owns a business. Whether it’s in farming, retail, manufacturing or in the service sector, entrepreneurs are businesspeople who find their success by taking risks.

Detailed explanation-3: -Bill Gates, Jeff Bezos, Oprah Winfrey, Walt Disney, and Steve Jobs are famous examples of creative entrepreneurs and risk takers that have changed the world with their innovations. For example, the late Steve Jobs revolutionized mobile phones.

There is 1 question to complete.