Answer Entrepreneurship Ass.docx

Agnes Lorenza 2101657202 LE53 Entrepreneurship: 1. What the definition of Entrepreneurship? 2. Why people take the Entrepreneur challenge? 3. Explain, what kind of good opportunity to have a business. Answer 1. Entrepreneurship is Accepting the risk of starting and running a business. 2. Why people take the entrepreneurial challenge: a. Opportunity b. Profit c. Independence d. Challenge 3. What kind of good opportunity to have a business: a. It fills customers’ needs. b. You have the skills and resources to start a business. c. You can sell the product or service at a reasonable price and still profit. d. You can get your product or service to customers before the window of opportunity closes. e. You can keep the business going.