Question

Relationship between vocation and entrepreneurship

Answer 1

Small businesses are becoming increasingly vital to the economy. In the United States, "five million small businesses generate 38% of the Gross National Product and employ 91 million workers--47.9% of the nation's work force" (Herbert 1989, p. 103). It has been predicted that at least 8 million new businesses will be established between 1989 and 2000 (Ashmore 1989b).

Answer 2

Relationship between vocation and entrepreneurship.

Explanation:

• The vocation is the occupation to which a person makes contributions and can be termed as a profession.

• While entrepreneurship is the creation of value and represents the process of designing, launching, and running any new business. Has the capacity of developing and organizing the business entity.

• Both these are related in terms of learning and doing new things through the process of learning. It involves the generation of skills and competencies for the business in hand.  Entrepreneurship can be institutional, ethical, and cultural, it can be social and project-based.

Learn more about the relationship between vocation and entrepreneurship.

• brainly.in/question/8516501 answered by palkaran996020.