“Entrepreneurs decision can strengthen or seriously weaken a firm's future business viability”. Discuss this statement in the light of necessity of ethics for society and development of business. (Class :- 11 )
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Innovation involves problem solving and entrepreneur is a problem solver. So innovation is the mean of exploiting a business opportunity. ... According to Schumpeter, the basic function of entrepreneur was to innovate. He says that entrepreneur is basically an innovator and he introduce something newr in the economy.
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A. Help to determine the viability ... ''Entrepreneur's decision can strengthen or seriously weaken a firm's future ... this statement in the light of necessity of ethics for society and development of business ...
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