Functions of an Entrepreneur.

The entrepreneur performs vital functions. The main functions are as briefly stated as follows:

Initiates Business Enterprises
Risk Bearing
Decision Making
Combines the factors of production
Maintain Relations
In short, An Entrepreneur is a factor of production which brings together land, labour capital and Organisation in proper proportion employ them in production activity and ready to accept risk and uncertainty of the business.

1 comment:

  1. Is it suitable for 3 marks likewise it has very short answer but it's really helpful