OMTEX CLASSES: Entrepreneur


Meaning: -An entrepreneur is one who organIses the factors of production and takes necessary actions to run the business.
The new Encyclopaedia of Britannica defines “An entrepreneur is an individual who bears the risk of operating a business in the face of uncertainty about the future conditions”.

Peter F Drucker defines: - “one, who always searches for change, responds to it and exploits it as an opportunity”.