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State two important functions of an Entrepreneur. - Economic Applications

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Question

State two important functions of an Entrepreneur.

Short Note

Solution

Two important functions of an Entrepreneur are:

  1. An entrepreneur bears the risk involved in business
  2. An entrepreneur takes decisions regarding his business
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Functions of an Entrepreneur
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Chapter 4: Factors of Production - QUESTION BANK [Page 120]

APPEARS IN

Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTION BANK | Q 27. | Page 120
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTIONS | Q 17. b | Page 117
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