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Entrepreneurship > Week 1 > Flashcards

Week 1 Flashcards

1
Q

What is entrepreneurship?

A

The process, brought about by individuals of identifying new opportunities and converting them into marketable products or services.

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2
Q

What are the key elements for entrepreneurship?

A 
Opportunity 
Organisation 
Resources 
Environment 
Entrepreneur
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3
Q

Why is entrepreneurship important?

A

Source of new products, innovations and inventions

Also associated with economic growth

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Entrepreneurship (12 decks)

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