state the roles of enterpreneur
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Answer:
roles of an entrepreneur
Initiating and leading business activities. ...
Allocating employees' duties. ...
Forecasting business changes. ...
Creating jobs. ...
Identifying business opportunities. ...
Creating and sharing wealth. ...
Improving the standard of living. ...
Taking up and reducing business risk
Answer:
Entrepreneurs should be aware of the fact that they can only choose to start a business when they are enlightened with the thought. Starting a business at its initial phase might suffer, work hard and even cause repentance. It begins with various challenges as generating a business idea or choosing a product, financing, hiring of employees, team building, delegation of tasks and many more. Besides all these, it also includes some risks. Such as, systematic risks like market risk, interest risk and purchasing power risk and unsystematic risks like business risk and financial risk. Hence, we should realize that it is not always necessary that an entrepreneur will earn profit at a very initial state of his business. Well that was from the negative point of view but it is also a fact that rewards of entrepreneurship can justify its hard work, accepting all the risks and can be rewarded with satisfying work, happy customers and eventually profit.
Explanation:
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