2. Discuss how and why a higher level of entrepreneurship might promote economic performance.
Answer - The concept of entrepreneurship relates with the setting up of a new business and expanding it by making various type of efforts.
The main element of this concept is the process of taking risks in the business . The risk may be financial as well as managerial. The good financial decisions will increase the worth of the business.
Hence the performance of the entrepreneurship can be increased by taking financial risks in the capital structure. Is the said that higher risk yields higher amount of profits. Hence the risks should be taken to increase the profits and take entrepreneurship to the new level.
A higher level of entrepreneurship includes a good managerial skilled team , a good capital mix yielding good returns . These factors will increase the performance of the entrepreneurship.
2. Discuss how and why a higher level of entrepreneurship might promote economic performance.
Discuss ways to prepare for a life of nurse entrepreneurship” list all references. Subject: Economic concept of Nursing
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