Entrepreneur are a specialized group of persons
who bears risks and deal with uncertainty theism
definable has been given by:
(a) Richard Canutillo (b) J.B. Say
(c) F.H. Knight (d) F. V. Hone
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Answer:
The correct answer is option c. F.H. Knight.
Explanation:
Entrepreneur is derived from the french word 'entreprendre' which means 'to undertake'. Entrepreneur is founder of an enterprise who takes actions and bear risks. Different scholars have defined this term in their own different way.
This definition of entrepreneur was given by F.H Knight. It was him who gave the risk and uncertainty definition of entrepreneur. According to him, the entrepreneur are group of people who bear risk and uncertainty and earn profit in return.
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