Question 83

'Entrepreneur' means

Solution

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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