1. Explain linkage entreprenuership and development of startups. 2. Explain linkage risk tolerance and development of startups. 3. Explain linkage innovation and devopment of startups.
1. Explain linkage entreprenuership and development of startups. 2. Explain linkage risk tolerance and development of startups. 3. Explain linkage innovation and devopment of startups.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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1. Explain linkage entreprenuership and development of startups.
2. Explain linkage risk tolerance and development of startups.
3. Explain linkage innovation and devopment of startups.
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Answer for Q1:
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An entrepreneur is an individual who conceives a business idea and has the skills and capabilities to start their own business venture. Entrepreneurs identify opportunities or needs in the market and provide the product or service to meet the need and the demand. These individuals start a business venture with a motive to earn profits and bear all the risks associated with the business. Entrepreneurs are known as business leaders and innovators.
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