Question

g the creative ability of persons to combine and direct resources to produce new products is known as: a. product sensitivity. b. economizing. c. entrepreneurship. d. value judgment.

Answer 1

Entrepreneurship is the creative capacity of individuals to merge and direct funds to create new things.

Define entrepreneurship and provide instances.

This talent with determination to build, plan, and manage a business company with all of its uncertainties—in order to turn a profit is what is intended by entrepreneurship. The emergence of new firms is the most visible illustration of entrepreneurship.

What does "entrepreneurship" mean exactly?

The French verb entreprendre, that means "to achieve something" or "to undertake," began to be used in the fourteenth century. A man who launches a commercial venture was alluded to as an innovator by the sixteenth century.

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