Friday, February 27, 2015

Introduction to Entrepreneurship




     Wah,it's Friday evening,and just now I remember about my homework,yeah so me!I know:p
Ok,so let's do it now!


     What is entrepreneurship? Here I got some definitions of it:

  1. Entrepreneurship is the process of starting a business or other organization. The entrepreneur develops a business model, acquires the human and other required resources, and is fully responsible for its success or failure.
  2. The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses.
    In economics, entrepreneurship combined with land, labor, natural resources and capital can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation's ability to succeed in an ever changing and increasingly competitive global market place.

   

1 comment:

  1. Since you're studying business are you going to study economics too? That a useful subject too! Dude, I love how your sense of wonder and adventure! I like the questions you ask.

    ReplyDelete