write a difference between industrialist and businessman
Answers
Answer:
Businessman
The businessman start the business through an existing idea or knowledge and they are interested in earning large profits with their business.
• The businessmen are traditional with their sense of work and they do not like to take risks. They have focus on their competition in the market.
The businessman is more interested in profits and they hire people to increase their productivity of business.
Industrialist
• The other hand industrialists are innovative with their work and are interested building a large industry in a specific area.
The industrialists are not afraid of taking risks and are ready to account for them. They look at working with a cooperative approach
The industrialists are more oriented towards their people and they hire people for increasing their productivity and gives importance to their work
Answer:
Businessmen don't take many risks as the intent of their business is to earn profits. Industrialists, on the other hand, wish to achieve a bigger goal than just making profits. In short, every industrialist is a businessman, but the opposite of that is not true