Question

entrepreneurship is neither a science nor an art. it is a practice. explain

Answer 1

Entrepreneurship is a neither a science nor an art .Entrepreneurship means setting up a business with some sort of strategy in order to achieve a particular goal.

There are various financial risk in order to gain some amount of profit .So practices can help the business to be in a stable position as you lean to deal with your products based upon the environment and strategic conditions.

Answer 2

Hey friend,

Entrepreneurship is neither a science nor an art. it is a practice.

This is because when you start a business, you device some strategies that must be built keeping in mind the nature of your business and factors affecting it. Every business is different from one another and the circumstances that they face, the time in which they are established are different. What is to come cant be known. It is never smooth , therefore you cant work on it as a science. You keep devising new ways to deal with different hurdles and that is called practice.

I hope it helps. Thanks