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प्रश्न
Identify the correct statement from the following:
विकल्प
An entrepreneur has to do only a few fixed activities.
The income of an entrepreneur is fixed.
The reward of an entrepreneur for his risk-bearing function is called profit.
The reward of a manager for rendering his services is of residual nature.
उत्तर
The reward of an entrepreneur for his risk-bearing function is called profit.
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संबंधित प्रश्न
Explain the role of an entrepreneur in the economic development of the country.
State any two differences between an entrepreneur and other factors of production.
A businessman stocks potatoes in the cold storage during the winter and releases that stock during summer. Will this be considered as production? Give a reason for your answer.
The entrepreneur is also called
The entrepreneur is also called ______.
______ earns income in the form of profit as a factor of production.
______ should have the quality of farsightedness.
State two ways through which an entrepreneur contributes towards economic development.
Most of the functions of an entrepreneur are performed by paid professionals. With a suitable example, explain the following function performed by an entrepreneur:
Uncertainty Bearing
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
