Which of the Following Statements About an Entrepreneur Is True

question 132

Multiple Choice

Which of the following statements about an entrepreneur is true?

• A)purchases other factors of production in the output market
• B)develops the vision for the firm and funds the producing unit
• C)sells his entrepreneurial services in the output market
• D)does not face personal risk

---

Definitions:

Revenue Retrieval

The method for reclaiming income that was previously lost, underreported, or overlooked, through targeted financial strategies and actions.

Resale Revenue

Income generated from selling a product or service that has been purchased or acquired from another entity.

Recycling Revenue

Recycling revenue refers to the income generated from collecting, processing, and selling recycled materials, which can significantly contribute to an organization's or municipality's financial health and sustainability efforts.