Business Studies

Entrepreneurship may be classified as ___________.


ANSWER

(a) or (b)


SOLUTION
Entrepreneurship may be classified as one opportunity based which refers to that existence of a business opportunity and creation of business on the basis of that opportunity.
 Necessity based entrepreneurship refers to that business which comes in to existence because of necessity . Individuals who are initially unemployed take an initiative for a start up which hence drives entrepreneurship by necessity.
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