entrep leson1&2

this means that one of the benefits an entrepreneur gets is to develop his managerial skills

*studies a problem, identifies it’s alternatives, compares the alternatives in terms of cost and benefit implications, and chooses the best alternative

*Refers to those who “undertake” the risk of new enterprises

which means that because of entrepreneurships many organizations will exist.

this means that entrepreneurship can lift up the economic status of an individual

this means that not only the life of the entrepreneur is improved but also the society where the business is located.

•French verb of entrepreneur , to undertake

process of its creation “In search of something new”

•Entrepreneurs are innovators, willing to take risks and generate new ideas to make it unique and profitable solutions to the present-day problems

Political, Climate, Legal System, Economic and Social Conditions, Market Situations

•Initiative, Proactive, Problem-solver, Perseverance, Persuasion, Planner, Risk-taker