Monday, 29 July 2013

Concept of Entrepreneurship

Entrepreneurship refers to the intentional creation or transformation of an organization for the purpose of creating or adding value through organization of resources. It requires to be taught for the transfer of skills and knowledge from an expert to someone else. It involves an application of energy and passion towards the creation of an enterprise and this includes the willingness to take calculative risks, team work, fundamental skill of building solid plan, and finally, the vision to recognize opportunity where others see chaos.

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