Identify the statement that best describes 'entrepreneurship'.

Entrepreneurship is the way one manages.

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Entrepreneurship is the way one thinks or acts.

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Entrepreneurship is the way of life.

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Entrepreneurship is a business.

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Solution

The correct option is B Entrepreneurship is the way one thinks or acts.
Entrepreneurs are the business leaders. They have an important role in the managerial functions of the enterprise. Although a person cannot possess all the required characteristics, they can exhibit them at some point of the enterprise. Entrepreneurship is the way one thinks or acts.

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