Question

Ali has a diamond factory. He pays his employees on the 1st of every month, he is doing
following function of entrepreneur -
(a) Creates new product
(b) manage the Business
C) Takes Risk​

Answer 1

He (b) manages the business.

• Managing a business is an important aspect of an entrepreneur.
• Paying to the employees, getting the payments in check etc are all management services which helps to lead the business in an organized manner.
• Business management provides coordination and organization of a business.

Answer 2

Answer:

Option (B)

Explanation:

I said option correct because, No one is taking risk while giving a fair income to an individual,

and for 1st option I will say that He is not creating a new product, he is just giving the wages.