What is entrepreneurship?

a. The location of a business' most important functions.

b. The act of owning and operating a business for economic gain.

c. The belief that it is acceptable to use military force to achieve a country's political and economic goals.

d. Having highly developed industries characterized by the widespread use of factories, machines, and technology.

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Kristian Costa

13 July, 07:31

What is entrepreneurship?

a. The location of a business' most important functions.

b. The act of owning and operating a business for economic gain.

c. The belief that it is acceptable to use military force to achieve a country's political and economic goals.

d. Having highly developed industries characterized by the widespread use of factories, machines, and technology.

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Arthur Murphy · Answer 1

In general, entrepreneurship refers to " b. The act of owning and operating a business for economic gain", although an entrepreneur doesn't need to be actively engaged in the management of the business.