ECON MICRO
5th Edition
ISBN: 9781337000536
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 13, Problem 5.11P
To determine
The entrepreneurial ideas an individual possess and how these ideas can help contribute to the economy
Concept Introduction:
Entrepreneurship: The study of how organizations are created and this is the capacity of an individual to develop, organize, innovate and manage a business venture by taking on financial risks in the hope of earning profits.
Expert Solution & Answer
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(describe) 3 ways in build an economy based on the principles of sustainability,
Filipino entrepreneur
Question-2) What is the name of the
ideas that can be transformed into
products and services that will provide
value to the customer, profit to the
entrepreneur, benefit to the society.
a) Creativity
b) Business idea
c) Innovation
d) Innovation
e) Entrepreneurship
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