Economy, asked by ashuguptafzd16, 10 months ago

mention any four characteristic of an entreprerenure as factor of production​

Answers

Answered by rishirishi772003
0

Answer:

land, labour, capital and enterprise himself and constantly innovates his business to stay competitive within the limited resources he has.

Answered by Favourujuonline
0

Answer:

1.The entrepreneur is responsible for the provision of all the factors of production land, labor, capital and himself.

2.With new innovative ideas entrepreneur can take on big companies.

3.The entrepreneur increases the economic activity while providing many employment opportunities.

4.The entrepreneur is a risk taker who ventures into new business ideas and creation compared to any other big companies.

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