Explain the key ideas of Dennis Young's behavioral theory of nonprofit entrepreneurship.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Explain the key ideas of Dennis Young's behavioral theory of nonprofit entrepreneurship.

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Entrepreneur

An individual who embraces the risks of beginning another undertaking is called an entrepreneur. A business person makes a firm understand their thought, known as business, which totals capital and work to create labour and products for benefit. 

Entrepreneurship

A business person is an individual who makes another business, bearing a huge part of the risks and getting a charge out of most of the prizes. The strategy engaged with setting up a business is known as business. The business visionary is conventionally seen as a pioneer, a wellspring of pivotal musings, products, organizations, and business or frameworks.

Non-profit Entrepreneurship

Non-profit entrepreneurs are business people. They have their time, cash, and work to make and construct an effective association. Like different business visionaries, they join forces with similar financial backers to order new arrangements in an area.

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