Question

Which of these is not a function of an entrepreneur?

Options

• Innovation

• Risk taking

• Delegation

• Having good inter personal skills

Answer 1

Having good inter personal skills

Explanation:

1. Innovation: Entrepreneurs are responsible for introducing new ideas, products, or processes, making innovation a key function.
2. Risk taking: Entrepreneurs take on financial and business risks to bring new products or services to the market, so risk-taking is also a central function.
3. Delegation: Effective entrepreneurs delegate tasks to others, especially as their business grows, to manage time and resources efficiently.