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Questions and Answers
Define the term 'entrepreneur' in your own words.
An entrepreneur is someone who takes the initiative to organize and start a business to take advantage of an opportunity, makes decisions about production, supplies risk capital, and monitors and controls business activities.
What are the characteristics/qualities of an entrepreneur?
The characteristics/qualities of an entrepreneur include independence, initiative, drive to achieve, risk-taking, decision-making, and monitoring and controlling business activities.
Who can be an entrepreneur?
Anyone who exhibits the characteristics/qualities of an entrepreneur, such as independence, initiative, drive to achieve, risk-taking, decision-making, and monitoring and controlling business activities, can be an entrepreneur.
What is the role of an entrepreneur in a venture?
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What are the different types of entrepreneurs?
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