Why Do We Need To Study The Entrepreneurship

Why do we need to study the entrepreneurship

 

We need to study Entrepreneurship so we can have an idea on how does businesses works.  

Entrepreneurship shows activities and processes involve in running a business. The concept is: you will put yourself in the shoes of a businessman. Basically, you will learn how to set up and run a business. An entrepreneur is a person who is conducting entrepreneurship. That is what you can call to yourself when you study this.

Activities involved in entrepreneurship:  

• Planning the business. As a business owner, you must plan your business name, type, products, venue and capital.
• Discover ideas for the business. You must implement ideas that could help you to run the business. It involves marketing strategies that you could apply to attract more potential clients/customers.
• Risk Assessment. When you are running a business, you must be aware of the risks and weaknesses of your chosen product and business type. You must develop a contingency plan to overcome these risks and challenges.  

To know more about entrepreneurship, click on these links below:  

• What is an entrepreneurship? : brainly.ph/question/130322
• How entrepreneurship thinks? : brainly.ph/question/1818957
• What are the 4Ms of entrepreneurship? : brainly.ph/question/1577038