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Question

Which of the following is/are enabled by the managerial function of the entrepreneur?

A
Establishment of the venture
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B
Effective functioning of the venture
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C
Efficient functioning of the venture
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D
Hiring resources
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Solution

The correct option is C Efficient functioning of the venture
Entrepreneurs are expected to have managerial abilities so that they can run business activities efficiently. These managerial functions enable the efficient and effective functioning of business activities. This way, an entrepreneur enhances the functioning of an enterprise.

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