Question:
Define entrepreneurship.
Define entrepreneurship.
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Entrepreneurship means turning an idea into a successful business while taking calculated risks.
Updated On: Jul 3, 2025
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Solution and Explanation
Entrepreneurship is the process of starting, organizing, managing, and assuming the risks of a business or enterprise.
It involves identifying opportunities, creating innovative ideas, and turning them into profitable ventures.
Entrepreneurs are individuals who take the initiative to bring new products or services to market.
They play an important role in economic growth by creating jobs and contributing to the economy.
Successful entrepreneurship combines creativity, planning, leadership, and risk-taking ability.
It involves identifying opportunities, creating innovative ideas, and turning them into profitable ventures.
Entrepreneurs are individuals who take the initiative to bring new products or services to market.
They play an important role in economic growth by creating jobs and contributing to the economy.
Successful entrepreneurship combines creativity, planning, leadership, and risk-taking ability.
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