Intro to Entrepreneurship

It refers to the act of creating a business or businesses while building and scaling it to generate a profit.

• Business Opportunity

• Entrepreneurship

• Business Venture

• Economy

It refers to a person who sets up a business with the aim to make a profit.

• Teacher

• Entrepreneur

• Scientist

• Doctor

It involves the sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business.

• Business venture

• Business opportunity

• Business innovation

• None of the above

It refers to a new business that is formed with a plan and expectation that financial gain will follow. it is usually formed out of a need for a service or product that is lacking in the market.

• Business Innovation

• Business Venture

• Business Opportunity

• None of the above

it involves developing new products or improving existing technologies, processes, designs, and marketing to solve problems, increase efficiency, reach new customers, and ultimately increase profits.

• Business Venture

• Business Innovation

• Business Opportunity

• None of the above