Discussion
Entrepreneurship can be best described as :
Answer: A
Entrepreneurship is best described as a process involving innovation, new products or services, and value creation.
Modern definitions, such as Hisrich's, treat entrepreneurship as the process of creating something new with value, devoting the necessary time and effort, taking on the financial, psychological and social risks, and receiving the rewards. Innovation and the creation of value are at its centre.
A strong vision and the willingness to take risk are characteristics of entrepreneurs, but each describes only one part of the process. Entrepreneurship also does not require setting up a separate business: it can take place inside existing organisations, as intrapreneurship.
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