An Entrepreneur is Called a Leader of the Organization. - Economics

Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads
One Line Answer

An entrepreneur is called a leader of the organization.

Advertisement Remove all ads

Solution

An entrepreneur is the factor of production who brings together land, labour and capital coordinate and control factors of production, control and supervise the production activity and ready to accept risk and uncertainty of the business therefore an entrepreneur is the leader of the organisation.
 
Concept: Factors of Production - Organisation
  Is there an error in this question or solution?
2015-2016 (March)

APPEARS IN

Video TutorialsVIEW ALL [1]

Share
Notifications



      Forgot password?
View in app×