12th Class Business Studies Entrepreneurship Development

  • question_answer 7)
    Why is entrepreneurship regarded as a creative activity?

    Answer:

    Entrepreneurship is a creative activity as an entrepreneur converts raw materials into useful goods and services, it involves creation of value, introduction of new products, discovery of new markets and technologies. Successful entrepreneurs keep focusing on innovative ideas and skills to produce efficient and effective results. Thus, an entrepreneur is innovator and this process is creative.


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