The Concept Of Entrepreneurship Flashcards
1
Q
What is Entrepreneurship
A
Creates or operates a business usually in response to opportunities willing to take risks in hopes of making a profit
2
Q
Pursuing business opportunities
A
Seizing opportunities and filling gaps in the market
3
Q
How does pursuing business opportunities relate to entrepreneurship
A
filling gaps in the market
4
Q
What is Innovation
A
Creating and improving products or new ways of doing business to meet the needs and wants of society
5
Q
What is seeking growth
A
Taking risks in order for business to grow to seek new products and explore new products and approaches
6
Q
How does seeking growth relate to entrepreneurship
A
Seeking new trends
Explore new products and approaches
7
Q
How does innovation relate to entrepreneurship
A
Seeking the needs and wants of society
