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MGT602 Entrepreneurship - Difference between Entrepreneurship & Business management | Business Man & Entrepreneur

How these Terms relates?

·         Entrepreneurship and Business management

·         Business Man and Entrepreneur

 

Answer:-

Difference between Entrepreneurship and Business management:-

Opening your own business is entrepreneurship while managing and running that business is business management. 

Difference between Business Man and Entrepreneur:-

An entrepreneur creates his own idea and realizes it as a business while a typical business may be purchased, donated or inherited. A business man is similar to an entrepreneur because an entrepreneur is a businessman which is not traditional but is an innovative and creative type of a businessman.

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