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Entrepreneurship could be the name given to the manufacturing element that performs Enterprise functions. In economics, the five factors considered the cornerstone of all production tasks would be Land, Labor, Capital, Organization and Enterprise. Entrepreneurship in a broader sense can be seen as an active process undertaken by the (individual) operator to determine his business. It's an innovative and innovative environmental reaction. Usually, such reactions involve investing in any field of social endeavours, such as business, agriculture, social work and training, etc. You'll need information about the financial and political environment from the business owner, especially about the government's financial policies while the financial institutions include commercial institutions. So a simple concept of entrepreneurship is doing new things or doing things that are being done in a fresh way at the moment. According to Dr J.E. Stepenek, “Entrepreneurship” is the capacity to just take the risk; power to organise and need to diversify and make innovations inside the enterprise. It may be concluded that entrepreneurship is a composite ability which is the result of numerous qualities and features. These include the ability to combine and use other facets of manufacturing such as money, land and labour, along with intangible factors including the ability to mobilize clinical and technical developments, imagination ready to just take the danger. Entrepreneurship, therefore, involves using the hazard and, under conditions of doubt, making crucial assets. It is also really linked to innovation, planning and decision-making to increase efficiency in industry, business and agriculture, etc. So, it plays a key role in the financial development process.

Entrepreneurship is an action operator's process that undertakes to set up its business. Entrepreneurship is a resultant mix of a business owner's many features and traits. Entrepreneurship could be defined as a process undertaken by an entrepreneur to increase his passions for the company. It is an exercise involving innovation and imagination that will lead to the development of its business. Entrepreneurship might be the head's inclination to just confidently take measured risks to produce a predetermined business or industrial goal. Extramarks Class 11 Entrepreneurship Question Paper will help students practice for their exams. Extramarks offers these Class 11 Entrepreneurship Question Paper in the study package for the students of Class 11. For more info do visit our site directly:- https://www.extramarks.com/sample-paper-cbse-for-class-11-entrepreneurship