Which of the following is the function of an entrepreneur?
Answer Details
The function of an entrepreneur is to make decisions. An entrepreneur is an individual who takes risks to create a business, and decision-making is an essential aspect of the job. They make choices regarding the type of business to create, the products or services to offer, the price to charge, the location of the business, and the employees to hire, among others. Entrepreneurs also manage and control employment, but their main function is to make decisions that will make their business successful. Organizing unions is not a typical function of an entrepreneur.