befine Entrepreneur
mention 5 functions of an entrepreneur
Define devision of labour
state 5 disadvantages of division of labour
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Explanation:
● An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.
●Functions of a successful entrepreneur are;
- Taking Initiative
- Organizing Resources
- Identifying Opportunities and Prospects
- Risk-Taking
- Decision Making
- Technology Transfer and Adaptation
●Division of labour is an economic concept which states that dividing the production process into different stages enables workers
●disadvanteges of division of labour
- Greater interdependence: ...
- Loss of job pride: ...
- Reduced mobility of labour: ...
- Retarded personality: ...
- Decline in craftsmanship: ...
- Pollution of environment:
hope it helps
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