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प्रश्न
Differentiate between an entrepreneur and labourer on the basis of the nature of work.
उत्तर
- A labourer is a paid worker and gets a wage in lieu of services provided by him.
- On the other hand, an entrepreneur organises production, manages the business and takes all important decisions regarding production.
संबंधित प्रश्न
Mention two ways by which efficiency of labour can be improved.
Define labour.
Define simple division of labour.
What is meant by the efficiency of labour?
State Distinguish between the simple division of labour and complex division of labour?
Define or explain the following concept:
Labour
State whether the following statement is TRUE and FALSE.
Labour cannot be stored.
Define Division of labour. Explain three benefits of the Division of labour to producers.
Define the division of labour.
______ is more perishable than other factors of production.
Mention the characteristics of Labour.
A wealth of Nations book written in the year ______.
How is labour defined in economics?
Justify the following in brief:
Division of labour encourages large-scale production.
Advantage of division of labour to the workers.
When the same work is done by two or more persons it is called ______.
______ is not a disadvantage of division of labour.
The productive capacity of a worker is called as ______.
Labourers have ______ bargaining power.
______ of labour is related to division of labour.
______ of labour is advantages to workers as it increases their efficiency, mobility and saves their time and tools.
Labourers get ______ for the task they perform, whereas entrepreneurs hope to get ______ for the risk they take in a business.
How does division of labour help in production?
Give two limitations of a division of labour.
Division of labour is not an unmixed blessing. Give one reason.
State four factors which determine the efficiency of labour.
With respect to division of labour, state the following:
Two disadvantages to the workers.
Differentiate between mental and physical labour.
Complete division of labour cannot be implemented for ______.
Give the different forms of division of labour.
