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Instructions
Babson educates entrepreneurs of all kinds. Some students will seek to start businesses; others will seek to grow established business with innovative approaches and solutions. What kind of entrepreneur will you be? How do you intend to leverage Babsons resources to support your ambitions?Respond in 500 words or less.
Answer
Business and ManagementEntrepreneurship is a field of business that deal with the process that is involved in developing, starting and running a business (Kuratko, 2016). As such, other scholars agree that it is the concept that entails the capacity as well as the willingness to design, establish and manage a business entity (Burns, 2016). Babson College teaches that entrepreneurs are the individuals who are ready to assume the responsibility of decision making for the business, along with all the associated risks. The main aim of entrepreneurship is profitability, but this is limited by threats such as inadequate funding, ineffective decision making, economic crises, and unavailability of market among others. At the college, which has been regarded as a world leader when it comes to teach...
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