Question

Distinguish between entrepreneur and Manager.

Answer 1

Basis of difference	Entrepreneur	Manager
Motive	The very motive of an entrepreneur is to start a venture by setting up an entity.	The very motive of a manager is to render service in an entity set up for execution of venture.
Status	An entrepreneur is the owner of the entity.	The manager is a salaried employee in the entity set up for carrying on the venture.
Risk Bearing	Entrepreneur bears the eventual risk and uncertainty in operating the enterprise.	The manager doesn’t bear any risk in the venture, where the venture is unsuccessful he/she simply quits the enterprise.