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Question

An entrepreneur and a manager differ in their standing, an entrepreneur is the ___________ of the organization and he bears all the risk and uncertainties involved in running an organization where as a manager is an _______ and does not undertake responsibilities for any risk.

A
owner, owner
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B
owner, employee
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C
employee, employee
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D
employee, owner
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Solution

The correct option is B owner, employee
An entrepreneur is the owner of the business who assumes risk and invest capital. whereas a manager is an employee who manages the work but does not take any risk.

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