What is the meaning of term entrepreneurship, Business Management

Assignment Help:

What is the meaning of term Entrepreneurship?

Meaning of Entrepreneurship:

Entrepreneurship refers to a process of action an entrepreneur undertakes to establish his enterprise. It is a creative and innovative response to the environment. In other words entrepreneurship can be defined as an ability to discover, create or invent opportunities and exploit them to the benefit of the society, which in turn brings prosperity to the innovator and his organization.

Concept of Entrepreneurship:

Concept of entrepreneurship can be demonstrated with the help of given diagram:

2431_Concept of Entrepreneurship.png


Related Discussions:- What is the meaning of term entrepreneurship

What is an art of recording, What is an art of recording? Art of reco...

What is an art of recording? Art of recording: Accounting is an art of recording business transactions within the books of accounts into a systematic way soon after their

E-bussness, Assuming that you are running the e-business department of an o...

Assuming that you are running the e-business department of an organization, reference to the elements of the Micro and Macro environments of e-business, how are you going to deal w

How will environmental management tools be used, Tourism development places...

Tourism development places additional pressure on the environmental resources upon which it is based, compromising the future prospects of the local population and, indeed, the ex

Customer relationship management , describe your proposed detail process fl...

describe your proposed detail process flows for the following processes 1) questions related to bills 2) question related to moving to other addresses 3) question related to new /

Technology used for communication, Question 1 Since 2000, Tizil Company...

Question 1 Since 2000, Tizil Company Ltd manufactures Teddy bears which it exports to European countries. It has several factories located in Mauritius and in Rodrigues. With

What is the production and manufacturing budget, What is the Production and...

What is the Production and Manufacturing Budget? Production and Manufacturing Budget: A production budget might be prepared through production manager into consultation a

#titleInternational business perspective, 1.Explain the importance of agric...

1.Explain the importance of agriculture to Brazil’s current success. What role will agriculture play in Brazil’s future? What are the implications of this for other countries? H

What is the role of leadership in the management literature, What is the ro...

What is the role of leadership in the management literature? In the management literature, each manager is a leader there. Leadership is a procedure of interpersonal affect. Th

Ethics & business, First, think about your own upbringing and values when f...

First, think about your own upbringing and values when faced with an ethical decision, whether it is in a business environment or not. How are your beliefs the same as or differe

Causes of factors contributes to accidents in organization, Accidents  are ...

Accidents  are  usually the  results  of a combination of  factors each one of which  may very  from  situation. An  accident  does no have  a single cause but  multiplicity  of ca

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd