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What is meant by entrepreneur? Explain why people are willing to take the risks of entrepreneurship? Define SWOT.

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter19: Labor And Entrepreneurship: The Human Inputs

Section: Chapter Questions

Problem 12DQ

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What is meant by entrepreneur? Explain why people are willing to take the risks of entrepreneurship? Define SWOT. Conduct a SWOT analysis assuming you would like to start a business on your own in Oman. Provide an example to support your answer.

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