LATEST BUSINESS STUDIES NOTES
Meaning of entrepreneurship![]()
​This is the process of identifying business opportunities and gathering the necessary resources to start and run a business.
An entrepreneur who identifies business opportunities and gets the necessary resources in order to start and run a business. The entrepreneur therefore creates new businesses or transform the existing ones in the face of risks and uncertainties in order to make profits. An entrepreneur is therefore a business owner; he starts and organizes the business (the factors of production in appropriate combination) Importance of entrepreneurship to an economy
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1/4/2020 17:41:40
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