what are the functions of an entrepreneur
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The two main functions of entrepreneurs are first,
❤️ taking the risk of developing new products or services and,
❤️ second, successfully bringing new products and services into the marketplace
❤️ taking the risk of developing new products or services and,
❤️ second, successfully bringing new products and services into the marketplace
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*Entrepreneur starts business activity by preparing various plans relating to business.
*He organises factors of production.
*He takes decisions about product, technology, marketing, employment etc.
*He coordinates things effectively.
*He introduces new method into practice.
*He handles budget of his concern.
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