ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Trading entrepreneurs are those who restrict themselves to buying and selling finished goods.

Detailed explanation-2: -Trading entrepreneur is one who undertakes trading activities and is not concerned with the manufacturing work. He identifies potential markets, stimulates demand for his product line and creates a desire and interest among buyers to go in for his product. He is engaged in both domestic and overseas trade.

Detailed explanation-3: -Trading Entrepreneurship All the activities related to the trading of an organization are done through such type of entrepreneurs. It serves as middlemen for dealers, wholesalers, manufacturers and the customers. Examples : Paul Tudon Jones, Nick Leeson and John Key etc.

Detailed explanation-4: -1. Entrepreneurship is not buying and selling. Buying and selling is not entrepreneurship, it is trade. Buying products from suppliers and selling them to customers for profit doesn’t make you an entrepreneur, it makes you a merchant.

Detailed explanation-5: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022