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Is profit the only reward an entrepreneur derives from entrepreneurial venture?
Wiki User
∙ 13y ago
Some people love the recognition they receive or the personal goals such as confidence or even status associated with the venture. One may set out a goal they believe should be a moral norm, such as, to provide a wide range of health foods for children. (which we have seen happen a lot in the past 5 years) The people, the adventure itself is a roller-coaster of wonder, disappointment and accomplishment. Its all quite common sense i think.
Wiki User
∙ 13y ago
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Who is a novice entrepreneur?
Someone who has just started investing money in a venture, or has just set up a firm. He or she is learning things so as to make more profit; a novice entrepreneur is not experienced.
What is the difference between entrepreneurship an entrepreneur?
The difference between entrepreneurship and an entrepreneur is Entrepreneurship is the process of managing business with expectation of profit making.
What best explains why an entrepreneur would want to start a business?
The entrepreneur hopes to earn a profit.
The test of an entrepreneurial decision is whether or not?
The test is whether or not the decision results in a profit.
Why would an entrepreneur want to start a business?
The entrepreneur hopes to earn a profit and hopefully do something he or she is passionate about.
What is the difference between a social entrepreneur and a regular entrepreneur?
A regular entrepreneur is someone who is willing to take risks to make a new venture for profit.. while a social entrepreneur has that in mind, but what makes him or her different is that he/she has a vision to make this venture not only a profitable one, but a venture that can help society for the good.
What is the Difference entrepreneurial profit and accounting profit?
Accounting profit is simply the bottom line of a business income statement and is an absolute number, whereas an entrepreneurial profit uses the economic concept of opportunity cost. It is the profit that the entrepreneur would have earned if he or she had invested both time and money in some other enterprise.
Someone that is willing to invest in a risky venture on the chance of making a large profit?
entrepreneur
Who is a novice entrepreneur?
Someone who has just started investing money in a venture, or has just set up a firm. He or she is learning things so as to make more profit; a novice entrepreneur is not experienced.
What is entrepreneurial?
An entrepreneurial strategy is a simplified strategic framework designed for smaller companies, particularly innovators wishing to "get to the next level". It should be designed to help the entrepreneur identify and strengthen their firm's unique offering and then maximize their revenues and gross profit.
What is an entrepreneurial?
An entrepreneurial strategy is a simplified strategic framework designed for smaller companies, particularly innovators wishing to "get to the next level". It should be designed to help the entrepreneur identify and strengthen their firm's unique offering and then maximize their revenues and gross profit.
What is the difference between entrepreneurship an entrepreneur?
The difference between entrepreneurship and an entrepreneur is Entrepreneurship is the process of managing business with expectation of profit making.
What is an entrepreneurial strategy?
An entrepreneurial strategy is a simplified strategic framework designed for smaller companies, particularly innovators wishing to "get to the next level". It should be designed to help the entrepreneur identify and strengthen their firm's unique offering and then maximize their revenues and gross profit.
Who is a novice?
Someone who has just started investing money in a venture, or has just set up a firm. He or she is learning things so as to make more profit; a novice entrepreneur is not experienced.
A risk taker in profit is known as?
entrepreneur
What best explains why an entrepreneur would want to start a business?
The entrepreneur hopes to earn a profit.
Who is trading entrepreneur?
A trading entrepreneur is someone who combines trading in financial markets with entrepreneurial skills. They often innovate trading strategies, manage funds, or run trading-related businesses. This individual typically seeks to capitalize on market opportunities for profit and growth.
