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Write a word or phrase or term that can substitute the following: An undertaking or adventure involving uncertainty and risk and requiring innovation. - Organisation of Commerce and Management

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Question

Write a word or phrase or term that can substitute the following:

An undertaking or adventure involving uncertainty and risk and requiring innovation. 

One Word/Term Answer

Solution

Entrepreneurship 

Explanation:

Entrepreneurship is the process of beginning and running a firm or try that incorporates uncertainty, risk, and innovation. Entrepreneurs start businesses with the intention of creating value, usually by introducing new products, services, or ideas to the market. 

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Concept of Entrepreneurship Development
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Chapter 3: Entrepreneurship Development - Exercise [Page 50]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 8 Entrepreneurship Development
Write a word or phrase | Q 1 | Page 190

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