Entrepreneurship is
A)restricted to perfect competition.
B)occurs only in well-functioning markets.
C)the process of planting new crops.
D)the process of taking business risks.

Question

Quizplus · Accepted Answer

Entrepreneurship involves the process of taking business risks, identifying opportunities, and creating new ventures. It is not limited to perfect competition or well-functioning markets. It can occur in any market conditions and requires creativity, innovation, and a willingness to take risks. Planting new crops may be a part of entrepreneurship in the agriculture industry, but it is not the sole definition of entrepreneurship.

Entrepreneurship Is