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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
Define the term ‘Entrepreneur’.
Discuss three ways by which an entrepreneur promotes economic growth.
Why is the income of an entrepreneur residual in nature? Discuss any three functions of an entrepreneur.
The income earned by an entrepreneur is residual in nature. Explain.
Discuss the risk-bearing functions of an entrepreneur.
Mention five qualities of a good entrepreneur.
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.
The entrepreneur is also called ______.
Both labour and entrepreneur are human factors of production. Is there any difference between them? Explain any two such differences.
Mention any three decision making functions of an entrepreneur.
The ______ has to decide the reward for each factor of production.
The picture above shows which factor of production.
Which of the following is not a function of an entrepreneur?
Which function of an entrepreneur allows him to decide the reward that each factor of production should get?
______ 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.
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.
Name the factor of production to which uncertainty-bearing belongs.
