The main function of the entrepreneur is to
A) make routine pricing decisions.
B) innovate.
C) purchase capital.
D) create market demand.

Question

Quizplus · Accepted Answer

The main function of the entrepreneur is to innovate. Entrepreneurs identify opportunities, create new products or services, and bring them to the market. They are the ones who introduce innovative ideas and take risks to push their businesses forward. While entrepreneurs may also be involved in pricing decisions, purchasing capital, and creating market demand, their primary function is to innovate.

The Main Function of the Entrepreneur Is to