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प्रश्न
What are the functions of Entrepreneur?
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उत्तर
Functions of an Entrepreneur:
- Initiation:
An organizer is the initiator of the business, by considering the situation and availability of resources and planning the entire process of business of production. - Innovation:
A successful entrepreneur is always an innovator. He introduces new methods in the production process. - Coordination:
An organizer applies a particular combination of the factor of production to start and run the business or production. - Control, Direction, and Supervision:
An organizer controls so that nothing prevents the organization from achieving its goal. He directs the factors to get better results and supervises the efficient functioning of all the factors involved in the process of production. - Risk-taking and uncertainty-bearing:
There are risk-taking and uncertainty-bearing obstacles. Risks may be insured but uncertainties cannot be insured. They reduce the profit.
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संबंधित प्रश्न
State and explain the law of supply with exceptions.
State with reason whether you agree or disagree with the following statement:
There is a direct relationship between price and quantity supplied.
What are the reasons for upward sloping supply curve?
Examine the Law of Variable Proportions with the help of a diagram.
Elucidate the Laws of Returns to Scale. Illustrate.
A rightward shift in supply curve shows ______.
Other things remaining unchanged, change in supply due to increase in price is called ______.
The Law of Supply states that other things being constant ______.
Assertion (A): Law of Supply is a qualitative statement.
Reason (R): Law of Supply indicates the magnitude of change in the quantity supplied.
Explain the law of supply.
Price and Supply move in the same direction. Justify the statement.
With the help of a diagram state whether supply of a good is directly or inversely related to price?
State and explain the law of supply with the help of a diagram.
What does the Law of Supply state?
What is supply function?
Which of the following is NOT an assumption of the Law of Supply?
What happens to the quantity supplied if the price of potatoes rises from ₹1 to ₹5 per kg, according to the supply schedule?
Which of these situations violates the "ceteris paribus" (other things being constant) condition for the Law of Supply?
What does the supply curve typically look like according to the Law of Supply?
Which real-life example best illustrates the Law of Supply?
