pease ans the questions
Answers
1. Entrepreneurship refers to the process of creating a new enterprise and bearing any of its risks, with the view of making the profit. The person who creates a new enterprise and embraces every challenge for its development and operation is known as an entrepreneur.
2. So, there is a very important role for entrepreneurs to spark economic development by starting new businesses, creating jobs, and contributing to improvement in various key goals such as GDP, exports, standard of living, skills development and community development.
3. There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC.
4. Thus, wage employment can be defined as 'a mutual agreement between two parties (known as employer and employee) in which the employee (generally an individual) agrees to work for the employer (generally a business firm, government office or sometimes an individual) under some specific terms and conditions .
5. Small business entrepreneurship.
Large company entrepreneurship.
Scalable startup entrepreneurship.
Social entrepreneurship.
Innovative entrepreneurship.
Hustler entrepreneurship.
Imitator entrepreneurship.
Researcher entrepreneurship.