Question

Discovery of idea, investigation, assembling and financing the requirements are
a) Entrepreneurial
b) Managerial
c) Promotional
d) Commercial​

Answer 1

Answer:

c) promotional

Answer 2

Answer:

Discovery of ideas, investigation, assembling, and financing of the requirements are Promotional

The correct answer is Option C

Explanation:

An entrepreneur is a creative person or designer who develops new concepts and business methods in response to market demands while taking financial risks in the hopes of making a profit.

Entrepreneurial Roles: The following are some categories and descriptions of the many entrepreneurial roles:

1. The following are examples of entrepreneurial functions:

• a. Innovation; b. Taking Risks; c. Building Organization

2. The following are the promotional roles:

• a. Coming up with an idea; b. doing a thorough investigation; c. gathering the necessary materials; d. financing the plan.

3. The following are the managerial roles:

• Planning, organizing, staffing, directing, controlling, and coordination are the first four steps.

4. The following are the commercial roles:

• Production, Marketing, Personnel, Accounting, and Finance are listed in this order.