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'An entrepreneur is an organiser but an organiser need not be an entrepreneur'. Explain. - Economic Applications

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प्रश्न

'An entrepreneur is an organiser but an organiser need not be an entrepreneur'. Explain.

संक्षेप में उत्तर
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उत्तर

  • An entrepreneur is a person who organises the business and bears the risks involved in it. In the case of small-scale production, business is organised by the entrepreneur.
  • But in the case of a joint stock company, the function of the organiser is performed by the board of directors and the salaried managers.
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अध्याय 1: Factors of Production - QUESTION BANK [पृष्ठ ३४]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 1 Factors of Production
QUESTION BANK | Q 30. | पृष्ठ ३४
गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 51. | पृष्ठ ११६
गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTION BANK | Q 45. | पृष्ठ १२३
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