Asked by Amanda Rettenmaier on Apr 25, 2024

Which of the following is not a main function of the entrepreneur?

A) To make routine pricing decisions.
B) To innovate.
C) To assume the risk of economic losses.
D) To make strategic business decisions.

Entrepreneur

An individual who creates new business ventures, taking on financial risks in the hope of profit.

Economic Losses

Financial losses incurred by businesses or economies, often as a result of adverse conditions, decisions, or events that affect income or assets.

  • Assimilate knowledge regarding the economic contributions and variances between entrepreneurs, capital resources, labor, and land.