Mike Jones has bought the land, built a factory, hired the workers, and made a successful business building mobile homes. Why is

Question

3 years ago

7

Mike Jones has bought the land, built a factory, hired the workers, and made a successful business building mobile homes. Why is

Mike considered to be an entrepreneur? Question 9 options: Mike built mobile homes. Mike assumed all the risk. Mike owned the land and building. Mike did not like living in a mobile home.

Social Studies

2 answers:

Georgia [21] · Answer 1 · 2022-03-30T17:25:42+03:00

Georgia [21]3 years ago

8 0

Its Mike assumed all the risk

Andreyy89 · Answer 2 · 2022-03-30T16:12:41+03:00

Mike assumed all the risk.

An entrepreneur is typically a small business owner who starts their own business and assumes all the risk. This means that if the business fails, the entrepreneur is the one who looses his investment. If the business is sued or does not deliver on their end of a contract, this is also the responsibility of the entrepreneur.