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Question
Give reason or explain:
The entrepreneur is called a leader of the organization.
Solution
An entrepreneur is a person who undertakes the task of production. He organises tasks, controls the activities related to production and distribution, and also bears the risk of failure of the business. Thus, an entrepreneur is regarded as a leader of the organisation.
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RELATED QUESTIONS
An entrepreneur is called a leader of the organization.
Functions of an Entrepreneur.
Define or explain the following concepts:
Entrepreneur
Write short notes on Risk and uncertainty-bearing function of an entrepreneur.
Write short note of Qualities of an Entrepreneur?
Write answer in 'one' or 'two' paragraph :
Write the functions of an entrepreneur.
Distinguish between Man-made factors and Natural factors.
State with reason whether you agree or disagree with the following statement.
Profit is a reward for bearing risk only.
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Answer in detail
Entrepreneur is the 'captain of an industry', explain.
Explain in detail the functions of an entrepreneur.
Distinguish between the following:
Insurable risk and non-insurable risk
Distinguish between the following:
Labour and entrepreneur
Write short note on the following:
Qualities of an entrepreneur
Define or explain the following concept:
Entrepreneur
Match the following:
|
Group A
|
Group B
|
| 1. Production |
a. Profit
|
| 2. Land |
b. Captain of industry
|
| 3. Labour |
c. Creating utility
|
| 4. Reward of capital |
d. Rent
|
| 5. Reward of entrepreneur |
e. Interest
|
|
|
f. Wages |
Fill in the blank with appropriate alternative given below
__________ is a leader of organisation.
