December 2018
Beginner
433 pages
21h 2m
English
book
Entrepreneurship Development and Small Business Enterprises, 3rd Edition by Pearson
by Charantimath Poornima M.
Content preview from Entrepreneurship Development and Small Business Enterprises, 3rd Edition by Pearson
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ENTREPRENEURSHIP 7
Who Is an Entrepreneur?
The word “entrepreneur” is derived from the French verb enterprendre (“to undertake”). The word
was originally used to describe people who “take on the risk” between buyers and sellers or who
“undertake” a task such as starting a venture.
5
The fifth edition of the Oxford Advanced Learner’s
Dictionary defines an entrepreneur as a person who starts or organizes a commercial enterprise,
especially one involving financial risk. The process of creation of a business enterprise is called
entrepreneurship.
From an etymological point-of-view, the word entrepreneur is derived from the Sanskrit word
“AnthaPrerana, ...
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