Entrepreneurship is a risk bearing capacity as well as a
capacity to innovate. Discuss this statement.
Answers
Answer:
1) Concept as to Risk-bearing Capacity : Risk taking is an important concept of entrepreneurship. An entrepreneur is always ready to face uncertainties and risk which occur due to unforeseen contingenices of future.
Starting a new venture always involves a lot of risks. Similarly trying for doing something new or different is also risky. Thus, the environment of entrepreneurship is uncertain and therefore full Of risks. These risks take a variety of fbrms, depending on the field Of effort of the entrepreneur.
Explanation:
Explanation:
Concept as to Risk-bearing Capacity : Risk taking is an important concept of entrepreneurship. An entrepreneur is always ready to face uncertainties and risk which occur due to unforeseen contingenices of future. Starting a new venture always involves a lot of risks.