BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Some entrepreneurs enjoy managing companies and refining business models, while others jump from venture to venture because they enjoy the startup process.

Detailed explanation-2: -"An entrepreneur could be a manager but a manager cannot be an entrepreneur".

Detailed explanation-3: -The significant difference between an entrepreneur and a manager is their role in an organisation. An entrepreneur owns a company, while a manager is the company employee. An entrepreneur is a risk taker who takes financial risks for the enterprise.

Detailed explanation-4: -Every successful business has both, leaders and managers who can complement each other. To be a successful entrepreneur, both these roles of being a manager and a leader are extremely crucial even though they might seem paradoxical at times. It’s like a professional who has mastered the game of chess.

Detailed explanation-5: -“An entrepreneur could be a manager but a manager cannot be an entrepreneur”. An entrepreneur is intensely dedicated to develop business through constant innovation. He may employ a manager in order to perform some of his functions such as setting objectives, policies, rules etc.