Entrepreneurship Definition

CMAT 2023 · Innovation & Entrepreneurship · Easy · Innovation & Entrepreneurship

Entrepreneurship can be best described as:

  1. A.

    Process that requires setting up a business

  2. B.

    Taking a significant risk in a business context

  3. C.

    Having a strong vision

  4. D.

    A process involving innovation and value creation

Answer

D

Explanation

While risk-taking and setup are part of it, entrepreneurship is fundamentally best described as a comprehensive process involving innovation and value creation.

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