GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is an entrepreneur?
A
A person who starts a new business.
B
A leader of a country.
C
A worker in a factory.
D
A student in college.
Explanation: 

Detailed explanation-1: -An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

Detailed explanation-2: -What is an entrepreneur? An entrepreneur is a person who starts and manages a new business, taking on financial or personal risk in the process. Entrepreneurs can be small business owners, content creators, startup founders, or anyone who has the ambition to build a business and work for themselves.

Detailed explanation-3: -According to the Oxford Dictionary, an entrepreneur is “a person who organizes and operates a business or businesses, taking on greater than normal financial risks to do so.” This means that many entrepreneurs are just starting out with a business.

Detailed explanation-4: -An entrepreneur is a person who starts, designs, launches, and runs a new business. Instead of being an employee with a 9-5 job and reporting to a supervisor or manager, an entrepreneur operates the business and assumes all the risks and rewards that come with owning one.

There is 1 question to complete.