Question

What is the most important and specific function of an entrepreneur?

• A. Risk-bearing function
• B. Administrative function
• C. Decision-making function
• D. Distributive function

Answer 1

The correct option is A Risk-bearing function

An entrepreneur has to bear all types of risks connected with the business. The risk may be associated with production, investment, profit or loss of the company, technological and frequent changes in government policies. It is very important function of an entrepreneur.