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It can be the act of one who organizes, manages, and assumes the risks of a business or enterprise." Entrepreneurship is the dynamic process of creating incremental wealth. This wealth is created by individuals who assume the majority risks in terms of equity, time, and/ or career commitment of providing value for some products or services. The product or service itself may not be new or unique but value must somehow be infused by he entrepreneur by securing and allocating the necessary skills and resources." (Ronstadt, 1984:28)
According to Shapero (1975)
"In entrepreneurship, there is the agreement that we are talking of a kind of behaviour that includes :
- initiative taking
- the organizing or reorganizing of socio-economic mechanisms to turn resources and situations to practical accounts, and
- the acceptance of the risk of failure"
What else can I help you with?
What is the difference between enterprenuership and small business?
An entrepreneur is the person that starts a business. Entrepreneurship is the process of starting a business. A small business is just that, a small business. It is also a government category that has a technical definition that varies from location to location. The difference is that entrepreneurship is not restricted to starting a small business, though this is the type of business that is most frequently started by an entrepreneur.
What is the meaning of loss making company?
what is the meaning of loss making company
What is the meaning of FOB in garment industries?
the meaning of FOB is freaking obese babies
What is the meaning of substandard?
No...that's not the answer!!
What is the meaning of aptara?
publishing
What is an enterprenuership?
What is an enterprenuership?
What is the role of enterprenuership?
what is the role of enterprenuership in an organization
What are the importance of enterprenuership?
Enterprenuership facilitate and enhence the community will be make benifts in their economics
How does the financialsystem contributes to the development of enterprenuership in Nigeria?
How does the financialsystem contributes to the development of enterprenuership in nigeria?
What is the important of enterprenuership?
it is useful i think
Is there any differences between entreprenuership and enterprenuership?
no difference
How do you pronounced enterprenuership?
ŏn'trə-prə-nûr', -nʊr' shĭp
What enterprenuership means?
(entrepreneur) -Someone who organizes a business venture and assumes the risk for it.
What are the Factors of production give examples?
land labour e.g frame work,teaching and researching. enterprenuership capital eg machinery and manufacturing plant for private capital and infrastructure for public capital.
What are the components of enterprenuership?
The components of entrepreneurship typically include identifying opportunities, taking risks, innovation and creativity, willingness to adapt and learn, strong leadership and communication skills, and the ability to build and grow a successful business.
What is enterprenuership?
An entrepreneur is a person who starts a new firm and bears the most of the risks while reaping the majority of the benefits. Entrepreneurship refers to the process of starting a business. The entrepreneur is frequently portrayed as a pioneer, a provider of novel ideas, products, services, and/or business processes.
What is the difference between enterprenuership and small business?
An entrepreneur is the person that starts a business. Entrepreneurship is the process of starting a business. A small business is just that, a small business. It is also a government category that has a technical definition that varies from location to location. The difference is that entrepreneurship is not restricted to starting a small business, though this is the type of business that is most frequently started by an entrepreneur.
