___________is a catalytic agent of change and works for the good of people.
Answers
Explanation:
entrepreneur is a person responsible for setting up a enterprise so be can change and works for the good of people
Answer:
Entrepreneur is a catalytic agent of change.
Due to the fact that he develops brand-new, greenfield initiatives that generate income, provide a lot of employment opportunities, and stimulate the growth of other sectors.
Explanation:
An individual who supports and promotes a new method of doing something within the organisation, whether it be the application of a new procedure, the adoption of a new management structure, or the conversion of an outdated business model to a new one, is known as a change agent in business, which is why Entrepreneur is considered as a catalytic agent of change.
Reasons why Entrepreneur is considered as a catalytic agent of change:
Entrepreneurs are crucial to market economies because they may drive the nation's economic expansion.
By creating new products and services, they promote new employment, which eventually speeds up economic growth. Therefore, public policy that promotes entrepreneurship should be seen as crucial for economic progress.
Entrepreneurship generates lots of new chances and jobs. A significant number of entry-level positions, which are crucial for transforming unskilled workers into competent ones, are created by entrepreneurship. Additionally, it trains and sends skilled personnel to big enterprises. The expansion of entrepreneurship is largely responsible for the rise in a nation's overall employment rate. Thus, entrepreneurship plays a major role in the creation of new employment prospects.
Entrepreneurial endeavors increase productivity by introducing innovation to every facet of business, utilizing the available resources in the most efficient methods. By providing fresh and improved goods, services, and technology, entrepreneurs create new markets.
As a result, they contribute to increasing national income and creating new wealth. so that more national benefits can be provided to the people by the government.
#SPJ5