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प्रश्न
What is an entrepreneur?
Give the meaning of an entrepreneur.
उत्तर
- An entrepreneur is the one who organises production, takes important decisions regarding production, hires or purchases factors of production and bears the risk and uncertainty involved in production.
- The production is full of risks and uncertainties.
- The entity that bears risk is called enterprise and the person who bears these risks of business is called an entrepreneur.
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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.
The income earned by an entrepreneur is residual in nature. Explain.
The entrepreneur is also called
Write the three characteristics of entrepreneur.
Mention the characteristics of an entrepreneur.
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?
Identify the correct statement from the following:
______ 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 ______.
State two ways through which an entrepreneur contributes towards economic development.
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
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
Explain the importance of an entrepreneur.
"Entrepreneurs are innovators" said Schumpeter. Explain briefly.
'An entrepreneur is an organiser but an organiser need not be an entrepreneur'. Explain.
Name the factor of production to which uncertainty-bearing belongs.
