Asked by
Rezan Yusuf
on Oct 22, 2024
Verified
The term ___ describes strategic thinking and risk-taking behaviour that results in the creation of new opportunities.
A) business planning
B) partnership
C) entrepreneurship
D) proxemics
E) franchising
Entrepreneurship
The process of designing, launching, and running a new business, often characterized by innovation, risk-taking, and the pursuit of profit.
Strategic Thinking
The process of analyzing critical factors and variables that will influence the long-term success of one's decisions or actions.
- Comprehend the importance of creativity, initiative, and strategic risk management in entrepreneurial endeavors.
Verified Answer
MA
Learning Objectives
- Comprehend the importance of creativity, initiative, and strategic risk management in entrepreneurial endeavors.
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