Question

Fill in the blank with suitable word.
The process of actions which an entrepreneur undertakes to establish the enterprise is called _______.

Answer 1

Entrepreneurship refers to the process of the actions which is undertaken by an entrepreneur in order to establish the enterprise. Entrepreneurship is the process of how an entrepreneur designs and runs a business. Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.