It refers to the process of identifying business opportunity and acquiring necessary resources to maximize the profit.
- In the broader sense entrepreneurship refers to the means of stimulating innovative
and creative undertakings for a better business community or world.
- Entrepreneurship is a French world meaning to undertake and focuses on a business
enterprise
- Entrepreneurship can exist in any situation – therefore it is the creation of values
through establishing a business enterprise.
- Entrepreneurship means having an idea of one’s own and trying to implement the idea
to create values on it.
- Entrepreneurship is a term which encompasses what entrepreneurs do
- Identifying a business opportunity of a particular demand o Look at the opportunity as a
process of creating, something that did not exist.
- Constantly searching/ harnessing ones environment and resources to implement the
activities.
- Creating a totally new product and using it in as new.
- Entrepreneurship there is the practice at starting of a new business or revitalizing
existing businesses in response to identifying opportunities.
maurice.mutuku answered the question on July 21, 2017 at 07:22
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