Question 83

'Entrepreneur' means


The term "entrepreneur" refers to option B) to undertake. An entrepreneur is an individual who takes the initiative and assumes the risk of starting and managing a business venture. They identify opportunities, organize resources, and create and implement innovative ideas to establish and grow a successful business. Entrepreneurship involves the process of recognizing a business opportunity, developing a business plan, acquiring the necessary resources, and taking the necessary actions to establish and run a business. While an entrepreneur may struggle, invent, or motivate as part of their entrepreneurial journey, the fundamental meaning of "entrepreneur" is someone who undertakes entrepreneurial activities.

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