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ENTREPRENEURSHIP
CONTENT- Meaning of Entrepreneurship
- Meaning of Enterprise
- Meaning of Self Employment
- Facilities Available for Self Employment
- Successful Entrepreneurs
- Local, National and International Entrepreneurs
- Importance or Functions of Entrepreneurship
Meaning of Entrepreneurship
Entrepreneurship is gotten from the French verb ‘entrepreneur’, which means ‘to undertake’. Entrepreneurship is the process of starting a business or other organization for the purpose of making profit. The entrepreneur develops a business model, acquires the human and other required resources, and is fully responsible for its success or failure. It is defined as an individual who organizes or operates a business or businesses.Meaning of Enterprise
Enterprise refers to economic and business, nonprofit and government agencies responsible for production and distribution of goods and services. It can also be defined as effort made by people to achieve something. For example people have the initiative to start project to face challenges and to take risk in order to achieve their goals.You are viewing an excerpt of this lesson. Subscribing to the subject will give you access to the following:
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