Management Notes

Reference Notes for Management

Introduction to Entrepreneurship – Definition, Nature, Development and Process | Fundamentals of Entrepreneurship

Introduction to Entrepreneurship

Introduction to Entrepreneurship

Definition of Entrepreneurship

Entrepreneurship is the process of creating the new venture by the entrepreneur by devoting his/her time, recognizing the business opportunity, managing the risk and uncertainties, and efficiently using the available resources; with the aim of getting monetary reward and personal satisfaction. It can also be regarded as the option of creating self-employment along with creating the jobs to others.

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