Asked by Johnna-Bryante Rayphen on May 29, 2024
Verified
Mary Kay Ash was one of the first individuals who sold cosmetics directly to customers via independent sales representatives. The company founded by Mary Kay is now one of the largest and most successful cosmetics companies in the world. Mary Kay Ash would be classified as a(n)
A) entrepreneur.
B) opportunist.
C) monopolist.
D) socialist.
Entrepreneur
An individual who initiates, manages, and assumes the risks of a business venture, aiming to transform innovations into economic goods.
Cosmetics Companies
Businesses that specialize in producing and selling beauty and personal care products.
- Understand the position and qualities of entrepreneurs in the realm of business.
Verified Answer
ZK
Zybrea KnightJun 02, 2024
Final Answer :
A
Explanation :
Mary Kay Ash is best classified as an entrepreneur because she founded a company that was innovative in its direct selling approach, creating a new business model in the cosmetics industry.
Learning Objectives
- Understand the position and qualities of entrepreneurs in the realm of business.