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About LESSON 1 Defining Key Terms
This document defines key terms related to entrepreneurship. It distinguishes between an entrepreneur and a businessperson, defining an entrepreneur as someone who advocates for and correctly practices entrepreneurship principles in managing their self-owned business. Entrepreneurship is defined as managing a wealth-creating business by providing valuable goods and services to customers. A small business is also distinguished from an ordinary small business, with the former correctly adopting entrepreneurship principles and the latter not necessarily doing so. The document aims to clarify definitions to build a strong foundation of understanding entrepreneurship concepts.
Detailed Information
| Author: | ['Ina Gado'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 14 |
| Language: | English |
| Format: | |
| Price: | FREE |
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