Question

Coordination
Controlling
A.
Entrepreneurial Function
Innovation: As an innovator, the entrepreneur has to introd
combinations of the means of production, new product, new mar
product and new sources of raw material
Risk-taking: It refers to taking responsibility for a loss that may oc
unforeseen contingencies in the future.​

Answer 1

Explanation:

The term “entrepreneur’was applied to business initially by the French economist’s can till on, in the 18th century to designate a dealer who purchases the means production tor combining them into marketable products. The emergence of the entrepreneurial society may be major turning point in history. Only the entrepreneurs create capital, wealth and resources in a country there inventive and risk-taking behavior. They are the prime movers of industrial development in a country. Fact entrepreneurs are the builders of a nation and erectors of humanity their innovative vision, dynamic eider ship and creative decision behavior.

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