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Questions and Answers
Which of the following best describes an entrepreneur?
Which of the following best describes an entrepreneur?
- A person who sells products or services
- A person who manages a business
- A person who takes on financial risk to start and run a business (correct)
- A person who invests money in a business
What is the main characteristic of an entrepreneur?
What is the main characteristic of an entrepreneur?
- Being risk-averse
- Being focused on making profit
- Being innovative and willing to take risks (correct)
- Being a good employee
What is the role of an entrepreneur in a business?
What is the role of an entrepreneur in a business?
- To provide financial support
- To manage the day-to-day operations
- To attract customers
- To develop new products or services (correct)
