The Main Function of the Entrepreneur Is To

question 96

Multiple Choice

The main function of the entrepreneur is to:

• A) make routine pricing decisions.
• B) innovate.
• C) purchase capital.
• D) create market demand.

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Definitions:

Technical Specialists

Individuals who have extensive knowledge and skills in a specific technical area, contributing their expertise to improve organizational processes or products.

Labor Relations

The study and practice of managing relationships between employers and their workforce, particularly in unionized contexts.

European Nations

The sovereign states located on the European continent, each with its distinct government, culture, and legal system.

Strategic Alliance

A formal agreement between two or more entities to pursue a set of agreed-upon objectives while remaining independent organizations, often used in the business world to leverage complementary strengths.