The process of initiating a business venture,organizing the necessary resources,and assuming the risks and rewards is referred to as:
A)leadership
B)entrepreneurship
C)business planning
D)strategic planning

Question

Quizplus · Accepted Answer

The process of initiating a business venture, organizing the necessary resources, and assuming the risks and rewards is referred to as entrepreneurship. Leadership, business planning, and strategic planning are all important components of entrepreneurship, but they do not encompass the entire process.

The Process of Initiating a Business Venture,organizing the Necessary Resources,and