Which of the following statements is true about entrepreneurs?
A) Entrepreneurs hire professional managers to take care of all the business operations.
B) Professional managers who manage businesses of others are also entrepreneurs.
C) Entrepreneurs assume the risks of their business ventures.
D) Entrepreneurs do not participate in planning and organizing activities.
E) Entrepreneurs do not invest personal savings in their businesses.

Question

Quizplus · Accepted Answer

Entrepreneurship is the process of planning, organizing, operating, and assuming the risks of a business venture. An entrepreneur, in turn, is someone who engages in entrepreneurship.

Which of the Following Statements Is True About Entrepreneurs