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Name the function of an entrepreneur as shown in the picture given below. - Economic Applications

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Question

Name the function of an entrepreneur as shown in the picture given below.

Options

  • Innovation

  • Planning

  • Delegation

  • Risk bearing

MCQ
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Solution

Delegation

Explanation:

The illustration shows how a manager assigns duties to subordinates while still retaining control over the work. Effective delegation helps managers achieve greater efficiency, promotes teamwork, and allows them to focus on key decision-making. By giving employees important responsibilities, this practice also leads to improved productivity.

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