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Question

Identify the managerial function of the entrepreneur that facilitates the resources or factors of production.

A
Planning
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B
Organising
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C
Directing
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D
Coordinating
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Solution

The correct option is B Organising
Entrepreneurs have managerial functions that enable the efficient and effective functioning of business activities. Those functions include planning various activities for the business, organising resources or factors of production, directing the business, ensuring effective operation, and coordinating activities effectively.

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