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Revision: Entrepreneurship: Concept and Functions Entrepreneurship Commerce (English Medium) Class 11 CBSE

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Definitions [2]

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.

Concepts [6]

  • Concept of Entrepreneur
  • Enterprise
  • Need for Entrepreneurship
  • Myths of Entrepreneurship
  • Advantages and Disadvantages of Entrepreneurship
  • Process of Entrepreneurship
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