Question

What do you understand by Entrepreneurship? What are the qualities to become a successful entrepreneur in tourism sector? 

29 Mar 2022
Answer :
Word Count : 622

Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.

In economics, entrepreneurship connected with land, labour, natural resources and capital can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and is an indispensable part of a nation’s capacity to succeed in an ever-changing and more competitive global marketplace.

The qualities to become a successful entrepreneur in tourism sector

 

1 Passion, drive and determination

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