Business Studies, asked by Abhijeetraj3820, 10 months ago

How has Adam Smith defined the term ‘entrepreneur’?

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Answered by sampakrish123
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ADAM SMITH, ENTREPRENEURSHIP, AND THE “WEALTH OF NATIONS” In 1776, Adam Smith defined an Entrepreneur as “an individual, who undertakes the formation of an organization for commercial purposes by recognizing the potential demand for goods and services, and thereby acts as an economic agent and transforms demand into ...

Answered by Anonymous
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HERE IS YOUR ANSWER

ADAM SMITH, ENTREPRENEURSHIP, AND THE “WEALTH OF NATIONS” In 1776, Adam Smith defined an Entrepreneur as “an individual, who undertakes the formation of an organization for commercial purposes by recognizing the potential demand for goods and services, and thereby acts as an economic agent and transforms demand

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