An entrepreneur play in the making of goods and services: The entrepreneur brings together the factors of production into workable businesses. An entrepreneur play in the making of goods and services: The entrepreneur brings together the factors of production into workable businesses.
What role does an entrepreneur play in the making of goods and services Brainly?
The entrepreneur is the one who brings together all the factors of production and organize them into a working business entity. The entrepreneur provides the capital needed for the business, hire laborers to work in the business and provide all the equipment and the raw materials that the business requires.
What role does an entrepreneur play?
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. … Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bringing good new ideas to market.
Which person is an example of an entrepreneur?
An entrepreneur is a person who starts a new business and usually risks his own money to start the venture. Examples of well-known entrepreneurs include Bill Gates, Steve Jobs, Mark Zuckerberg, Pierre Omidyar, Arianna Huffington and Caterina Fake.
Which of the following would be an example of a service?
A waiter serving food is an example of a service. A waiter serving food is an example of a service.
What are the three roles of entrepreneur?
The Three Roles of Great Entrepreneurs
- The Architect: Big-Picture Planning. Entrepreneurs set the vision, the romance, and culture around a big and daring goal. …
- The Storyteller: Researching and Selling. …
- The Disciplinarian: Executing.
What are the two basic roles of an entrepreneur?
The two main functions of entrepreneurs are first, taking the risk of developing new products or services and, second, successfully bringing new products and services into the marketplace.