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What is enterprenership

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What is enterprenership

Posted by Anurag Gupta 6 years, 3 months ago

CBSE > Class 11 > Business Studies

1 answers

Sia ? 6 years, 3 months ago

The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses. In economics, entrepreneurship combined with land, labor, natural resources and capital can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation's ability to succeed in an ever changing and increasingly competitive global marketplace.

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