Highlight the whole entrepreneurial process.

1. Which are the reasons why the entrepreneurs find it hard to step out and let others manage the business.
2. How can an entrepreneur can be successful while balancing the work demands and the demands of their personal life?
3. Human resource planning is the most valuable asset in any organization, why?
4. Why an entrepreneur needs to be a leader.
5. What is bsorption costing and why is it used in business?
6. In absorption costing the overheads are treated as ?
7. Briefly explain the following terms providing enough information

• Entrepreneurial ventures
• Self-employed persons
• Small business