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Business Studies

Difference between Business, Profession and Employment

What Is the M...

Question

What Is the Most Important Function of an Entrepreneur?

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Solution

The most important function of an entrepreneur is said to be risk taking. An entrepreneur has to take risks in order to be successful, therefore it is the most important function.

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Q. State with reason whether the following statements are 'true' or 'false'.

1. Training broadens the vision of entrepreneurs.
2. Attitudes build an entrepreneur.
3. Motivation is an important factor in the development of an entrepreneur.

Q. Explain the importance of an entrepreneur.

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