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प्रश्न
Both labour and entrepreneur are human factors of production. Is there any difference between them? Explain any two such differences.
What is the difference between a labourer and an entrepreneur?
उत्तर
Labour | Entrepreneur | |
1. | Labour resources contribute to the creation of products and services. Labour is generally involved in operational parts of businesses, such as operating machines. | Entrepreneurs play an important part in creating a firm. An entrepreneur is responsible for discovering opportunities, organising resources, and developing plans. |
2. | Labour is focused on execution of tasks. | Entrepreneurs are mostly concerned with developing new ideas and providing leadership to move the business forward. |
संबंधित प्रश्न
Define the term ‘Entrepreneur’.
Discuss three ways by which an entrepreneur promotes economic growth.
The entrepreneur is also called
Write the three characteristics of entrepreneur.
Students to know about the characteristics of entrepreneur, Set up your classroom like a industry. Some Students are asked to act like a businessman, Do the industries activities. Teacher and students together discuss the entrepreneur and their important of development of society.
Mention the characteristics of an entrepreneur.
The ______ has to decide the reward for each factor of production.
In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
Which of the following is not a function of an entrepreneur?
______ is a person who starts a business.
______ is the most important and specific function of an entrepreneur.
______ earns income in the form of profit as a factor of production.
Which function of an entrepreneur allows him to decide the reward that each factor of production should get?
A network of good entrepreneurs will help to generate ______.
What is an entrepreneur?
Discuss the three functions of an entrepreneur.
Discuss the decision-making function of an entrepreneur.
Most of the functions of an entrepreneur are performed by paid professionals. With a suitable example, explain the following function performed by an entrepreneur:
Innovations
'Entrepreneur is not labour even though there are human factors associated with the same business'. Explain.
Explain the importance of an entrepreneur.
'An entrepreneur is an organiser but an organiser need not be an entrepreneur'. Explain.
Name the factor of production to which uncertainty-bearing belongs.