An entrepreneur
A) owns controlling interest in a company.
B) manages a business that operates in more than one country.
C) accepts the risk of starting and running a business.
D) manages a business for someone else.

Question

Quizplus · Accepted Answer

An entrepreneur is someone who accepts the risk of starting and running a business, often with the goal of making a profit. They are the ones who usually have the initial idea and take on the responsibility of bringing it to life. A person who manages a business for someone else (option D) is not an entrepreneur. While option A is somewhat true, it doesn’t fully capture the spirit of entrepreneurship as there are many different types of ownership structures, and ownership alone doesn’t necessarily make someone an entrepreneur. Option B is also not necessarily true, as a business can still be entrepreneurial even if it operates solely within one country.

An Entrepreneur