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Genrish500 [490]
4 years ago
14

What is entrepreneur​

Business
2 answers:
dimulka [17.4K]4 years ago
6 0

Answer:

<u>Entrepreneur</u><u> </u><u>is</u><u> </u><u>someone</u><u> </u><u>who</u><u> </u><u>organizes</u><u>,</u><u> </u><u>manages</u><u> </u><u>and</u><u> </u><u>assumes </u><u>the</u><u> </u><u>risks</u><u> </u><u>of</u><u> </u><u>a</u><u> </u><u>business</u><u> </u><u>or</u><u> </u><u>enterprise</u><u>.</u>

The word entrepreneur is originated from the French word "entreprendre" which means " to understand". In the business context, it means to start a business. An entrepreneur is typically in control of a commercial undertaking, directing the factors of production.

The fundamental qualities of entrepreneur are as follows:

  • Capacity to think ideas
  • Capability to seek, understand and analyse
  • Courage to confront with all the possible risks

Major tasks of an entrepreneur are as follows:

  • Identification of new goods
  • Application of new ideas for production
  • Discovery of new market
  • Diversification of market
  • Identification of raw materials from new location

Hope this helps...

Good luck on your assignment...

m_a_m_a [10]4 years ago
4 0

Answer:

a person who sets up a business or businesses, taking on financial risks in the hope of profit.

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