An individual who has prior business ownership experience is called a(n) ____________ entrepreneur. *
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An individual who has prior business ownership experience is called a Habitual entrepreneur.
Explanation:
- Entrepreneurs is any person who sets up a business in the hope of profit while also taking financial risks .
- It's types are based on various factors like gender, type of business, number of times business established etc.
- For example, novice, habitual, serial, portfolio
- Habitual entrepreneurs is any individuals who have established, inherited, and/or purchased more than one business in past.
- Habitual entrepreneurs are also known as repeat, experienced or, latterly entrepreneurs.
- This has become more widespread phenomenon after globalization.
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