Economy, asked by Godisgoodlove, 1 year ago

What is entrepreneurship?

Answers

Answered by stuti99
10
taking financial risk and setting business in hope is of profit.
Answered by poorvibhatia12
24

Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs.

Entrepreneurship has been described as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit".[3] While definitions of entrepreneurship typically focus on the launching and running of businesses, due to the high risks involved in launching a start-up, a significant proportion of start-up businesses have to close due to "lack of funding, bad business decisions, an economic crisis, lack of market demand—or a combination of all of these.[4

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