An entrepreneur is a self-employed person and is willing to take a (a) Product and service (c) Calculated risk (b) Satisfying human need (d) Regular production
Answers
Answer:
a
Explanation:
a product and services
The question is answered below-
1. The appropriate option for this statement is option C, which is calculated risk. An entrepreneur is a self-employed person and is willing to take a calculated risk.
2. An entrepreneur is known for his/her creative ideas that solve the prevailing problems of humans in society. They may provide a service or a product that meets the needs of the consumers and satisfies them.
3. Entrepreneurs often take a step forward involving risks that have been analyzed and calculated before. In analyzing the risk, the potential threats and the success rate are known beforehand so the entrepreneurs can be prepared for the situations probable.
4. The other options mentioned are other aspects of an entrepreneur that are their's basic functions. Entrepreneurs are willing to take calculated risks for their further progress.