Define Agricultural entrepreneurship. it is 5 marks long questions
Answers
Answer:
Entrepreneurship in agriculture can still be raising livestock and growing crops, but it can be much, much more than that. 8. SAE Agricultural Entrepreneurship • Entrepreneurship: The student plans, implements, operates and assumes financial risks in a farming activity or agricultural business.
Explanation:
Explanation:
One definition of Entrepreneurship is that it’s the art of generating innovative ideas that, if properly funded, generates profit. The profit could be from the sales of various products or services that were created by the idea. Such innovative ideas usually generate new companies. These ideas could also be taken to existing companies through which the idea is developed and the entrepreneur gets a percentage of the money or a job. What most people perceive entrepreneurship as is the start of a new business. They wouldn’t be wrong for thinking so as most entrepreneurial ventures start off as startup companies. However, the word has been broadened in recent years. It now incorporates a variety of different areas.
The profit could be from the sales of various products or services that were created by the idea. Such innovative ideas usually generate new companies. These ideas could also be taken to existing companies through which the idea is developed and the entrepreneur gets a percentage of the money or a job. What most people perceive entrepreneurship as is the start of a new business. They wouldn’t be wrong for thinking so as most entrepreneurial ventures start off as startup companies. However, the word has been broadened in recent years. It now incorporates a variety of different areas.
The profit could be from the sales of various products or services that were created by the idea. Such innovative ideas usually generate new companies. These ideas could also be taken to existing companies through which the idea is developed and the entrepreneur gets a percentage of the money or a job.