हिंदी

Revision: An Entrepreneur Entrepreneurship Commerce (English Medium) Class 11 CBSE

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Definitions [3]

Explain the following term/concept:-

Entrepreneur

Entrepreneurs are the people who have the courage to offer and to share an idea or a product or a service with the world. They try to make the market a better place where the needs of consumers can be satisfied.

Define an entrepreneur. 

Webster dictionary gives a definition, “An entrepreneur is a person who starts a business and is willing to risk loss in order to make money.” Successful business people have many Qualities in common with one another.

Explain the following term/concept:-

Intrapreneur

An intrapreneur is an employee who has the authority and support of his company/employer to implement his own innovative and creative ideas. His idea or product may or may not earn
immediate revenue for the company. Still, the employee keeps receiving his salary.

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