Which of the Following Is the Best Definition of an Entrepreneur

question 39

Multiple Choice

Which of the following is the best definition of an entrepreneur?  

• A) an individual who is highly educated 
• B) an organizer who seeks profitable opportunities and is willing to accept risks 
• C) a person who generally works an eight-hour day 
• D) an administrator who runs an enterprise without accepting any risk of financial loss

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Definitions:

General Merchandise

Refers to a broad category of products that includes many different types of items, often sold in large retail stores or supermarkets.

Broad Assortment

A wide range of products or services offered by a business to cater to various customer preferences and needs.

Wholesaler

A person or company that sells goods in large quantities at lower prices, typically to retailers rather than directly to consumers.

Rack Jobbers

Merchandising agents who enter stores to stock and maintain inventory, often in the music or book sectors.