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Question
Which of these is not a function of an entrepreneur?
Options
Innovation
Risk taking
Delegation
Having good inter personal skills
MCQ
Solution
Having good inter personal skills
Explanation:
- Innovation: Entrepreneurs are responsible for introducing new ideas, products, or processes, making innovation a key function.
- Risk taking: Entrepreneurs take on financial and business risks to bring new products or services to the market, so risk-taking is also a central function.
- Delegation: Effective entrepreneurs delegate tasks to others, especially as their business grows, to manage time and resources efficiently.
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Functions of an Entrepreneur
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