Who is someone who organizes, operates and assumes the risk of a business venture?

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Multiple Choice

Who is someone who organizes, operates and assumes the risk of a business venture?

Explanation:
An entrepreneur is someone who spots a business opportunity, organizes the needed resources, launches the venture, and accepts the financial risk if it doesn’t succeed. This combination—starting something new, coordinating people and money, and bearing the ultimate risk—is what sets entrepreneurship apart. A manager typically runs operations within an existing organization and doesn’t necessarily start the venture or take on the full risk. An investor provides capital or guidance but isn’t usually responsible for day-to-day operation. An employee works for someone else instead of creating or owning the venture.

An entrepreneur is someone who spots a business opportunity, organizes the needed resources, launches the venture, and accepts the financial risk if it doesn’t succeed. This combination—starting something new, coordinating people and money, and bearing the ultimate risk—is what sets entrepreneurship apart. A manager typically runs operations within an existing organization and doesn’t necessarily start the venture or take on the full risk. An investor provides capital or guidance but isn’t usually responsible for day-to-day operation. An employee works for someone else instead of creating or owning the venture.

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