CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
217
You visited us 217 times! Enjoying our articles? Unlock Full Access!
Question

Distinguish between an entrepreneur and an organiser.

Open in App
Solution

BasisEntrepreneurOrganiser
1. VentureAn entrepreneur sets up a new enterprise or undertakes a venture for his personal gratification.A manager does not take a new venture and renders service in an existing enterprise.
2. Risk BearingAn entrepreneur assumes risk of economic uncertainty involved in the enterprise.A manager does not assume or share any risk involved in the enterprise he is serving.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Indirect Method
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon