Question

Entrepreneurship is the process of giving birth to an enterprise. discuss

Answer 1

Entrepreneurship is the starting of a business and hence rightly referred to as ‘giving birth to an enterprise’.

Entrepreneurs, as the people who start this type of enterprises are called, design and launch a business, with the objective of making profit. But for their objectives to materialise, they must be prepared to take on business risks, organise, manage and develop the business.

For any business to become successful, funding, good business decisions, creation of demand even during economic crisis and having a strong and dedicated workforce, are critical.

Answer 2

design and launch a business with objective of making profits