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## Class 11th - Entrepreneurship - Entrepreneurship: Concept and Functions ### Enterprise: - An entrepreneur is a person who starts an enterprise. - The process of creation is called entrepreneurship. - The entrepreneur is the actor, and entrepreneurship is the act. - The outcome of the actor and...

## Class 11th - Entrepreneurship - Entrepreneurship: Concept and Functions ### Enterprise: - An entrepreneur is a person who starts an enterprise. - The process of creation is called entrepreneurship. - The entrepreneur is the actor, and entrepreneurship is the act. - The outcome of the actor and the act is called the enterprise. - An enterprise is the business organization that is formed and which provides goods and services, creates jobs, contributes to national income, exports and contributes to the overall economic development.