NSSCAS Entrepreneurship (8247) Practice Questions - Namibia Senior Secondary Certificate Advanced Subsidiary Entrepreneurship (Syllabus 8247) Exam

According to the NSSCAS Entrepreneurship syllabus glossary, which statement best defines entrepreneurship?

A dynamic social process in which people identify opportunities for innovation and turn ideas into practical targeted activities Only the act of working permanently for a government ministry with no business risk Memorising product prices without organising any resources Avoiding all contact with customers and suppliers

Correct Answer:

A dynamic social process in which people identify opportunities for innovation and turn ideas into practical targeted activities

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