The activity of seeking out and recognizing I new opportunities or new orientations , to the environment Producing Administrating Integrating Entrepreneuringis

The activity of seeking out and recognizing new opportunities or new orientations in the environment is referred to as "entrepreneurship." Entrepreneurship involves identifying gaps in the market, developing innovative ideas, and taking calculated risks to create new products or services. It requires a combination of creativity, risk-taking, and the ability to execute a business plan. Entrepreneurs are often seen as innovators who drive economic growth and create new industries.