UNDERSTANDING BUSINESS (LL) >CUSTOM<
UNDERSTANDING BUSINESS (LL) >CUSTOM<
11th Edition
ISBN: 9781260660647
Author: Nickels
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 6.1, Problem 6.1AQ
Summary Introduction

To explain: The reason why people are willing to take the risks of entrepreneurship.

Introduction:

Entrepeneurship can be defined as the activity that involves establishing a business or businesses, taking on financial risks with the anticipation to earn profit. It is the process of designing, introducing, and operating a new business, which is initially a small business. The people who set up these businesses are called entrepreneurs.

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