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Question 8

Which of the following is not a main function of the entrepreneur?

A. To make routine pricing decisions
B. To innovate
C. To assume the risk of economic losses
D. To make strategic business decisions


Sagot :

Final answer:

Entrepreneurs are essential for driving innovation and assuming risks in businesses, focusing on strategic decisions rather than routine pricing.


Explanation:

Entrepreneurs play a vital role in the economy by taking risks to start new businesses or develop innovative products. They are not primarily involved in making routine pricing decisions, as pricing decisions are based on market factors and competition. Instead, entrepreneurs focus on innovation, assumption of risk of economic losses, and making strategic business decisions to drive their ventures forward.


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