BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A person owning and running a small firm, is known as ____
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A manager-owner
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An owner-manager.
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A professional adapter.
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An enterprise worker
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Explanation:
Detailed explanation-1: -ANSWER: B. B . An owner-manager .
Detailed explanation-2: -An entrepreneur is an individual who starts and runs a business with limited resources and planning, and is responsible for all the risks and rewards of their business venture.
Detailed explanation-3: -Serial entrepreneurs own more than one business at a time.
Detailed explanation-4: -An Entrepreneur is an innovator who brings in new ideas to create a successful business venture.
Detailed explanation-5: -What is a Small Business Concern? According to the SBA, a small business concern is a business that is independently owned and operated and which is not dominant in its field of operation and in conformity with specific industry criteria.
There is 1 question to complete.