Question

Highlight 5 ways in which an entrepreneur contributes to the production of goods.

Answer 1

Answer:

Five ways for an entrepreneur to contributes for the production of goods.

Explanation:

1. Identifies viable business opportunities.

2. Provides guidelines on how production should be organised , take place to contributes.

3. Provides the capital necessary to carry on production.

4. Hire all other factors of production.

5. Decides how, where, when,what and how much have to invest the business.

Thank For Knowledgeable Question.

Answer 2

An entrepreneur contributes to the production of goods in five ways:

1)Spot applicable business opportunities.

2.Explain guidelines on how production should be systematic.  

3. Provide the capital necessary to carry on production.

4. Appoint all other factors of manufacturing

5.Explain how much have to fund the business.