Advertisements
Advertisements
प्रश्न
Both labour and entrepreneur are human factors of production. Is there any difference between them? Explain any two such differences.
What is the difference between a labourer and an entrepreneur?
उत्तर
| Labour | Entrepreneur | |
| 1. | Labour resources contribute to the creation of products and services. Labour is generally involved in operational parts of businesses, such as operating machines. | Entrepreneurs play an important part in creating a firm. An entrepreneur is responsible for discovering opportunities, organising resources, and developing plans. |
| 2. | Labour is focused on execution of tasks. | Entrepreneurs are mostly concerned with developing new ideas and providing leadership to move the business forward. |
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.
Distinguish between an entrepreneur and an organiser.
The income earned by an entrepreneur is residual in nature. Explain.
Students to know about the characteristics of entrepreneur, Set up your classroom like a industry. Some Students are asked to act like a businessman, Do the industries activities. Teacher and students together discuss the entrepreneur and their important of development of society.
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.
______ is a person who starts a business.
______ is the most important and specific function of an entrepreneur.
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 ______.
______ should have the quality of farsightedness.
Which is the only factor of production that earns profits? Why?
State two ways through which an entrepreneur contributes towards economic development.
What is 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:
Innovations
'Entrepreneur is not labour even though there are human factors associated with the same business'. Explain.
Explain the importance of an entrepreneur.
"Entrepreneurs are innovators" said Schumpeter. Explain briefly.
