Advertisements
Advertisements
Question
Explain the following term/concept in detail.
Entrepreneur
Advertisements
Solution
The concept of an entrepreneur varies from industry to industry and country to country, as well as from time to time. Economists never had a consistent definition of “entrepreneur” or “entrepreneurship”. The word “entrepreneur” comes from the French verb entreprendre. It means “to undertake”. An entrepreneur is “a person who starts a business and is willing to risk loss in order to make money.” The common keywords 'businesses' and ‘risk’ are interrelated. If there is no real business or risk, a person cannot be called an entrepreneur. Entrepreneurs are passionate to innovate. Lead, invent or pioneer a disruptive product or technology. The size of the business, the type of work involved, the age or the formal education of the entrepreneur, etc. does not restrict the entry of the entrepreneur. Similarly, the label of success or failure also does not matter.
APPEARS IN
RELATED QUESTIONS
Training broadens the vision of entrepreneurs.
Write short answer of the following.
Discuss the factors motivating the entrepreneur.
Distinguish between: Entrepreneur and Manager
'Entreprendre' means to ______.
Match the pair:
| Group 'A' | Group 'B' |
| A. Gap filling function | 1.2016 |
| B. Entrepreneur | 2. Employment |
| C. Agro tourism | 3. Old methods of production |
| D. Technology | 4. 2019 |
| E. Startup India | 5. Self-motivated |
|
6. Rural tourism |
|
| 7. Entrepreneurship | |
| 8. Latest knowledge | |
| 9. Necessity Based | |
| 10. Medical tourism |
A successful businessman takes a calculated risk.
An entrepreneur is a person who starts a ______.
Select the correct option.
(Innovation, Niche Tourism, Agro tourism, Entrepreneurship)
| Group A | Group B |
| l) The idea of bringing Urban resident to agricultural farm | _________________ |
| 2) Agro-tourism is a form of | _________________ |
| 3) __________________ | To introduce new combination of products & features |
| 4) ___________________ | A full time job which requires, dedication & Hard-work. |
Answer in one sentence.
Who is 'Entrepreneur'?
Correct the underlined word & rewrite the sentence.
The word 'Entrepreneur' comes from the German verb entreprendre, it means 'to undertake'.
Correct the underlined word & rewrite the sentence.
Entrepreneurs try to make home a better place where the needs of consumers can be satisfied.
Explain the following term/concept:-
Entrepreneur
Define an entrepreneur.
Justify the following statement.
Entrepreneurship is the best source for self-employment.
Entrepreneur is not classified as ______.
Select the correct option from the bracket and complete the table:
(e-business, Agro-tourism, Planning, High Court Judge, Recurring Deposit Account)
| Group 'A' | Group 'B' |
| (a) ____________ | (1) The detailed programme of future course of action |
| (b) The idea of bringing urban resident to agricultural farm | (2) ____________ |
| (c) ____________ | (3) Account operated by salaried and businessmen both |
| (d) Superset of e-commerce | (4) ____________ |
| (e) ____________ | (5) State Commission |
