What do you think is the most important function oftan entrepreneur? Write your answer giving suitable examples. . . . Good morning hru all? hope you all are having Buttery day!
Risk-taking is the most important function of an entrepreneur. He has to pay to all the other factors of production in advance. There are chances that he may be rewarded with a handsome profit or he may suffer a heavy loss. Therefore, the risk-bearing is the final responsibility of an entrepreneur.
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Answer:
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Answer:
Risk-Taking:
Risk-taking is the most important function of an entrepreneur. He has to pay to all the other factors of production in advance. There are chances that he may be rewarded with a handsome profit or he may suffer a heavy loss. Therefore, the risk-bearing is the final responsibility of an entrepreneur.
Explanation:
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