Define the wordings of b. higgins about economic development, Business Management

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Define the wordings of B. Higgins about Economic Development.

According to the wordings of B. Higgins, about the economic Development as, "Entrepreneurship is meant the action of seeking investment and also production opportunity, classifying an enterprise to undertake a new production process, hiring labour, increasing capital, managing the supply of raw materials, introducing a latest commodities and technique, finding site, discovering original sources of raw materials and choosing top managers of daily operations of the enterprise."

Characteristics of Entrepreneurship:

The characteristics of entrepreneurship are:

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