"An entrepreneur could be a manager but a manager cannot be an entrepreneur".

True

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False

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Partly true

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None of above

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Solution

The correct option is A True
An entrepreneur could act as a manager. He posses leadership skills who manages the business he started. But a manager cannot be an entrepreneur because he does not assumes any risk.

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Similar questions

Which of the following statements does not clearly distinguish between entrepreneurship and management?

(a) Entrepreneurs found the business; managers operate it

(b) Entrepreneurs are the owners of their business; managers are employees

(d) Entrepreneurship is once for all activity; management is a continuous activity

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