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प्रश्न
Which function of an entrepreneur allows him to decide the reward that each factor of production should get?
पर्याय
Innovative function
Distributive function
Risk wearing
Decision-making function
उत्तर
Distributive function
Explanation:
- The distributive function of an entrepreneur involves determining how the total income generated by a business is allocated among the various factors of production, including land, labour, and capital.
- This function allows the entrepreneur to decide the reward or compensation for each factor based on its contribution to production.
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संबंधित प्रश्न
State any two differences between an entrepreneur and other factors of production.
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.
Identify the correct statement from the following:
Discuss the three functions 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
"Entrepreneurs are innovators" said Schumpeter. Explain briefly.
'An entrepreneur is an organiser but an organiser need not be an entrepreneur'. Explain.
