Business Studies

An entrepreneur and a manager differ in their standing, an entrepreneur is the ___________ of the organization and he bears all the risk and uncertainties involved in running an organization where as a manager is an _______ and does not undertake responsibilities for any risk.


ANSWER

owner, employee


SOLUTION
An entrepreneur is the owner of the business who assumes risk and invest capital. whereas a manager is an employee who manages the work but does not take any risk.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 197
Enroll Now For FREE

Realted Questions

Q1 Single Correct Hard
___ is the most common type of entrepreneur. He likes innovation and enjoys working on something new keeping in view the ideas that are formulated by him in order to pursue his innovation.
  • A. The hard workers entrepreneur
  • B. The optimizer entrepreneur
  • C. The idealist entrepreneur
  • D. Sustainer type of entrepreneurs

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Hard
The components of _________ are quite different from those of passive, scanning.
  • A. Environmental scanning
  • B. Active scanning
  • C. Passive scanning
  • D. Indirect scanning

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Hard
In developing a Business Plan and a Business Model,__________are generally found apprehensive of myths and misconceptions about the process
  • A. Intrapreneur or entrepreneur
  • B. Intrapreneurs
  • C. Entrepreneurs
  • D. Intrapreneur and entrepreneur

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Hard
The three roles suggested by the Pichot for the intrapreneur in promoting innovation are ________.
  • A. inventor, developer and organizer
  • B. mould breaker, change agent and developer
  • C. inventor, product champion and sponsor
  • D. inventor, innovator and sponsor

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 TRUE/FALSE Medium
Modern observation states that though they are born entrepreneurs, they can be made by education and training.
  • A. True
  • B. False

Asked in: Business Studies - Small Business and Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer