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Who are the potential candidates for entrepreneurship?​

Sagot :

Explanation:

Here are following

  • small business
  • scalable startup
  • large company
  • social entrepreneurship.

Potential risks:-

  • bankruptcy
  • financial risk
  • competitive risks
  • environmental risks
  • reputational risks
  • political risks
  • economic risks.

Potential candidates for entrepreneurship are those persons that have what it takes to be future entrepreneurs even though they do not own a business venture yet.

Entrepreneurship is one of the factors of production. This factor is concerned with owning and running a business. An entrepreneur is a risk taker, an innovator, who ventures into a business for the sake of profit.

Such people needs to have skills such as

  • they are hardworking
  • they are independent
  • they are innovative
  • they are creative thinkers
  • They have to be self reliant and focused people.

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