The key difference between an entrepreneur and a manager is their standing in the company. An entrepreneur is a visionary that converts an idea into a business. He is the owner of the business, so he bears all the financial and other risks. A manager, on the other hand, is an employee, he works for a salary.
Explanation:
Entrepreneurs combine their ideas with resources to create a business that fills a market need; managers direct the effort of others to achieve an organization's goals.
Answers & Comments
Answer:
The key difference between an entrepreneur and a manager is their standing in the company. An entrepreneur is a visionary that converts an idea into a business. He is the owner of the business, so he bears all the financial and other risks. A manager, on the other hand, is an employee, he works for a salary.
Explanation:
Entrepreneurs combine their ideas with resources to create a business that fills a market need; managers direct the effort of others to achieve an organization's goals.