Q: Entrepreneurship as a theory of business was propounded by
- 1Thomas A. ColemanfalseCorrectIncorrect
- 2Joseph A. SchumpetertrueCorrectIncorrect
- 3Adam SmithfalseCorrectIncorrect
- 4Douglas McGregorfalseCorrectIncorrect
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Answer : 2. "Joseph A. Schumpeter"
Answer: B) Joseph A. Schumpeter Explanation: Entrepreneurship as a theory of business was propounded by Joseph. A. Schumpeter. Schumpeter’s Innovation Theory of Profit : Definition: The Innovation Theory of Profit was proposed by Joseph. A. Schumpeter, who believed that an entrepreneur can earn economic profits by introducing successful innovations.