Swami is a vegetable seller in Chennai. He is well known in the market for always selling fresh vegetables. He takes orders online and delivers them by the next day. Every morning, he has his team buy fresh vegetables as per the previous day's orders from wholesalers.

Choose the correct statements based on the given situation.

Swami is an entrepreneur because he has innovatively served customers' needs.

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Swami is an entrepreneur because he manages the resources at his disposal.

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Swami is not an entrepreneur because his business is vending vegetables.

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Swami is not an entrepreneur because he does not work directly.

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Solution

The correct option is B Swami is an entrepreneur because he manages the resources at his disposal.
An entrepreneur is an innovator of new ideas and business processes. Swami's business is traditional, but he has innovated a new business process in which customers can conveniently consume fresh vegetables. In addition, he manages his team, so he possesses management skills, strong team-building abilities, and essential leadership qualities to manage his business.

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