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7 August, 21:13

When a person devises the idea for the venture, develops a business plan, uses savings or loans to acquire other resources and assumes the risk of its success, that person is acting as an

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  1. 7 August, 22:10
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    That person is acting as an entrepreneur.

    explanation because an entrepreneur is someone who organizes and operates a business, taking on greater than normal financial risks in order to have a high rate of return
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