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Distinguish Between the Following. Entrepreneur and Manager. - Organisation of Commerce and Management

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प्रश्न

Distinguish between the following.
Entrepreneur and manager.

अंतर स्पष्ट करें

उत्तर

Basis of Difference Entrepreneur Manager
Status Is the owner of a business. Is not the owner of any business but works as an employee in the organisation.
Qualification required Should be hardworking and optimistic. Educational or technical skills are required.
Motive The motive of an entrepreneur is to successfully run the organisation. The motive of a manager is to give services to the organisation.
Benefits Earns profit. Earns a fixed salary.
Risk bearing The risk related to the business is borne by the entrepreneur. The manager does not bear any risk of the business.
Decision making Has the power to take decisions on the organisation's behalf. Does not have the authority to take decisions on the organisation’s behalf.
shaalaa.com
Concept of Entrepreneurship Development
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Entrepreneurship Development - Distinguish between the [पृष्ठ १९०]

APPEARS IN

मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 8 Entrepreneurship Development
Distinguish between the | Q 1 | पृष्ठ १९०

संबंधित प्रश्न

The word 'entrepreneur' is derived from the ________ word 'entreprendre'.


Select the proper option given from the options given below and rewrite the completed sentence :

'Entreprende' means to ________.


Select the proper option given from the options given below and rewrite the completed sentence :

The oxford English dictionary defines an entrepreneur as the ________ of a business.


Select the proper option given from the options given below and rewrite the completed sentence :

The term entrepreneur was first used by ________.


Write a word or phrase or term that can substitute the following:

An undertaking or adventure involving uncertainty and risk and requiring innovation. 


Write short notes on the following.

Define entrepreneur, entrepreneurship and enterprise.


State with reason whether the following statement is 'true' or 'false'.
Training broadens the vision of entrepreneurs.


State Whether the Following Statement Is True Or False (Give Reason).

The entrepreneur has a role to play int the development of an economy.

 
 

Entrepreneurs undertake


Which of the following statements is correct

  1. Entrepreneurship regarded as a creative activity.
  2. Entrepreneurship is not regarded as a creative activity.

Which of the following statements is correct

  1. "Entrepreneurs undertake moderate risks"
  2. "Entrepreneurs do not undertake moderate risks"

Which of the following statements is correct?

  1. entrepreneurship result in increasing the spectrum and scope of economic activities
  2. entrepreneurship doesn't result in increasing the spectrum and scope of economic activities

Which of the following statements is correct?

  1. Entrepreneurship drives an individual to excel one's self and overcome the obstacles through successful exercise of talent.
  2. Entrepreneurship doesn't drives an individual to excel one's self and overcome the obstacles through successful exercise of talent.

What is the full form of IPR?


The whole process of setting up a new business is called ______.


A person who managed large project was termed as the entrepreneur in the ______.


Who applied the word entrepreneur to business for the first time?


______ can be defined as an attractive project idea which an entrepreneur accepts as a basis for his investment decision


______ is an individual who initiates, creates and manages a new business.


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