An entrepreneur is:
A) an employee in a factory.
B) the manager of a factory.
C) the person who conceives and starts a business.
D) the person who does not assume any risk in business.

Question

Quizplus · Accepted Answer

An entrepreneur is defined as a person who initiates or starts a business venture and takes on the financial and managerial responsibilities for its success or failure. Therefore, choice C is the correct answer. Option A and B refer to an employee and manager in a factory respectively and option D refers to someone who is not taking on any risk, which is not true for an entrepreneur.

An Entrepreneur Is