What do you think is the most important function of an entreprenure? Write your answer giving sutable example (subject unemployment skill)
Answers
Answered by
0
Answer:
An entrepreneur in a developing economy is one who starts an industry, undertakes risk, bears uncertainties and also performs the managerial functions of decision-making and coordination.
A most appropriate definition of entrepreneur is that, “he is a man who detects and evaluates a new situation in his environment and directs the making of such adjustments in the economic systems as he deems necessary”.
In actual practice the term “entrepreneur” is attributed to all small industrialists, small businessmen, and traders. All people who are gainfully engaged in work of manufacturing, distribution or service and other sectors are called entrepreneurs.
Similar questions