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19 December, 21:37

What best describes an entrepreneur?

a. Someone who initiates and assumes the financial risk of a new business enterprise.

b. A person who knows how to evaluate which stocks to purchase.

c. Someone who can expertly manage other people's investments.

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Answers (1)
  1. 20 December, 00:28
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    The correct answer is option c.

    Explanation:

    An entrepreneur is a person that starts a business. He assumes the financial risk of starting and running the business. Entrepreneurs are seen as innovators who introduce some new products, new method of production or new source of raw material.

    They combine land, labor and capital to produce goods and services.

    They are the ones who bear most of the risks and earn most of the rewards. The profit earned by entrepreneurs are considered a return for assuming risk.
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