Economy, asked by shobagunavathy, 23 days ago

The most important function of an entrepreneur is (a) Risk assumption Function (b) Managerial Function (c) Function of Innovation (d) Decision making Function​

Answers

Answered by priyasath07
0

Answer:

Risk assumption

Explanation:

Risk assumption is the most important function of an entrepreneur. He has to pay to all the other factors of production in advance. There are chances that he may be rewarded with a handsome profit or he may suffer a heavy loss. Therefore, the risk-bearing is the final responsibility of an entrepreneur.

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