Asked by Seniha Elcik on May 30, 2024
Verified
Entrepreneurs include:
A) people who buy a local franchise outlet or go into a self-employed service business.
B) people who assume responsibility for introducing a new product or a change in operations in an existing organisation.
C) founders of new business enterprises that achieve large-scale success.
D) people who open a small retail shop.
E) All of the options listed
Self-employed Service Business
A self-employed service business is operated by an individual who provides services, rather than goods, directly to customers on a freelance or contract basis.
New Product
An item that is introduced in the market for the first time or a significantly improved or modified version of an existing product.
Large-scale Success
Significant achievement, often by a company or individual, that typically has widespread recognition or impact.
- Identify the elements and backgrounds standard among successful venture initiators.
- Recognize the significance of entrepreneurship in technological innovation and economic development.
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Learning Objectives
- Identify the elements and backgrounds standard among successful venture initiators.
- Recognize the significance of entrepreneurship in technological innovation and economic development.
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