Question

Write short note on Entrepreneur.

Answer 1

An entrepreneur is a person who organizes a venture to benefit from an opportunity, rather than working as an employee. ... Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame and continued growth opportunities.


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Answer 2

Entrepreneur is one of the factors of production (land, labor, capital and entrepreneur). They are the catalyst for the economic well being and growth.  They are innovators and has ability to change the economy.

Explanation:

Entrepreneur word is derived from the french word "entreprendre" which means "to understand". They have ability to acquire the factors of production- land, labor and capital and & use them in efficient manner.They are innovators and also known as agent or economic agent or change agents as  they unites all the means of production.  They are self- confident, hard working and cent  percent dedicated, risk takers,decision makers. They work as initiators of new business venture and also tries to improve the organization unit by controlling, coordinating and supervising.

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