Classification of entrepreneur on the basis of ownership
Answers
Trading
Industrial
Corporate
Agricultural
Technical
Non technical
Pure
Induced
Answer:
A entrepreneur can be those who open his or her coffee shop. An entrepreneur could be a scientist, irt could also be school going children, anybody who makes money is an entrepreneur. It could be classified on the basis of ownership as:
1. solo-service entrepreneur:
This type of entrepreneurship has the limited access, There are only a few entrepreneurship which comes under solo-service entrepreneur. The work generally is not original in this type of entrepreneur.
2. Network marketing and franchise entrepreneur
This type of entrepreneur is like the manager, as one has to do the tactical decisions, Yhis type of businesses can be started without any investment. However, it is the fact that some problems always runs under network marketing.
3. Opportunity entrepreneur:
This usually have some competitive advantage, and start something that exists, even in the better way. Although in these type of businesses starting is always difficult. Risk is high in this type of entrepreneurship.