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प्रश्न
The income earned by an entrepreneur is residual in nature. Explain.
उत्तर १
Entrepreneurs' income is residual in nature, as they bear risk, and the reward of risk is profit. Profit is the income remaining after deducting all the direct and indirect expenses.
उत्तर २
An ecosystem is a group of living and non living though that work together in a particular geographical area.
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संबंधित प्रश्न
Explain the role of an entrepreneur in the economic development of the country.
Define the term ‘Entrepreneur’.
Discuss three ways by which an entrepreneur promotes economic growth.
State any two differences between an entrepreneur and other factors of production.
Distinguish between an entrepreneur and an organiser.
Discuss the risk-bearing functions of an entrepreneur.
Mention five qualities of a good entrepreneur.
The entrepreneur is also called
Mention the characteristics of an entrepreneur.
The entrepreneur is also called ______.
Mention any three decision making functions 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.
The picture above shows which factor of production.
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?
______ should have the quality of farsightedness.
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:
Uncertainty Bearing
