Question

1. What is the relevance of studying entrepreneurship?


2. Describe the Wealth Conversion Principle and how business works.
​

Answer 1

heya!!!!!

ans1.Entrepreneurship education aids students from all socioeconomic backgrounds to think outside the box and nurture unconventional talents and skills. ... It creates opportunities, ensures social justice, instills confidence and stimulates the economy.

ans2. The wealth conversion principle states that wealth is created by converting money or cash (or its equivalent) into inventory and back to cash when sold at a profit. Having the right business model is indispensable in order to maximize revenue while pursuing cost efficiency

Answer 2

Answer:

1) Studying entrepreneurship benefits students and learners from different social and economic backgrounds because it teaches people to cultivate unique skills and think outside the box. Moreover, it creates opportunity, instills confidence, ensures social justice and stimulates the economy

2) The wealth conversion principle states that wealth is created by converting money or cash (or its equivalent) into inventory and back to cash when sold at a profit. Having the right business model is indispensable in order to maximize revenue while pursuing cost efficiency.

hope this will helps u....be happy....

@ITZSUGARYHEAVEN3