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Which of the following statements is true of entrepreneurs?
A. Entrepreneurs generally start their business with the help of many employees who can take on all the day-to-day responsibilities.
B. Entrepreneurs often work long hours and must take on the financial responsibilities of the business.
C. Entrepreneurs usually work standard hours and only have some decision-making authority within the business.
D. Entrepreneurs often have all the responsibilities of managers but rarely deal with legal/safety concerns.
The answer is “B. Entrepreneurs often work long hours and must take on the financial responsibilities of the business.”
An entrepreneur is a person who, as opposed to functioning as a worker, establishes and maintains a private company, expecting every one of the dangers and prizes of the endeavor. The business visionary is generally observed as a pioneer, a wellspring of new thoughts, merchandise, administrations and business/or techniques.
Entrepreneurs assume a key role in any economy. These are the general population who have the right stuff and activity important to foresee present and future needs and put up great new thoughts for sale to the public.
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