Samuel lives in a community where many residents are retirees. He wants to open an exercise facility specifically for citizens who are 65 or older. Samuel knows that starting a new business will require a large amount of work and entails risk, but given the large number of senior citizens in the area, he believes he should be able to sell enough memberships to make a profit. Samuel is a(n) _____.
A) corporate manager.
B) consultant.
C) entrepreneur.
D) capital provider.

Question

Quizplus · Accepted Answer

Samuel is taking the initiative to start a new business venture, which involves taking risks and investing in resources to make a profit. This is the definition of an entrepreneur.

Samuel Lives in a Community Where Many Residents Are Retirees