Economy, asked by wokhakumhe, 4 months ago

befine Entrepreneur

mention 5 functions of an entrepreneur

Define devision of labour

state 5 disadvantages of division of labour​

Answers

Answered by savvannaht047
1

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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