Entrepreneurship is: A. managing businesses for others. B. a controlling interest in the ownership of a corporation. C. managing businesses that operate in multiple countries. D. accepting the risk of starting and running a business.

Question

Twiggy

Business

9 November, 14:56

Entrepreneurship is: A. managing businesses for others. B. a controlling interest in the ownership of a corporation. C. managing businesses that operate in multiple countries. D. accepting the risk of starting and running a business.

+1

Answers (1)

Know the Answer?

Paityn Giles · Answer 1

The correct answer is D: accepting the risk of starting and running a business.

Explanation:

Entrepreneurship is the aptitude and enthusiasm to develop, organize and manage a business venture along with any of its risks to make a profit. An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities.

There are 8 P's to become a successful entrepreneur:

1 - Pasion

2 - Perception

3 - Potential

4 - People

5 - Persistent Learning

6 - Permanent Change

7 - Perseverance

8 - Proactiveness