Topic

Entrepreneurship, Business Ventures and Firms

Instructions

Compare various forms of Entrepreneurship.

Answer preview

Entrepreneurship identifies opportunities and turns them into marketable products and services through creative and innovative ways. The following are different types of entrepreneurship; first, independent entrepreneurship revolves around the operations of private or independent firms, especially where the entrepreneurship is most prevalent. The distinct characteristics that define independent entrepreneurship oscillate around the pursuit of profitability and risk management (Djafiri, 2018). It would be significant to point out a majority of independent entrepreneurs and mid-size firms that have been set up by the owners with the sole goal of pursuing profitability objectives.

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