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Define Or Explain the Following Concept: Entrepreneur - Economics

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प्रश्न

Define or explain the following concept:

Entrepreneur

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उत्तर

Entrepreneur is the person who undertakes the task of production. He organises the various activities, controls the activities related to production and distribution, and also bears the risk of failure of the business. He sells the output in the market and remunerates the factors. For his dare in undertaking the risk of production, he receives profits in return.

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अध्याय 7: Factors of Production - Exercise 2 [पृष्ठ ६०]

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मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 7 Factors of Production
Exercise 2 | Q 1.1 | पृष्ठ ६०

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