Question

Buying and selling of manufactured goods are related to which entrepreneur?

• A. Novice entrepreneur
• B. Portfolio entrepreneur
• C. Trading entrepreneur
• D. Drone entrepreneur

Answer 1

The Correct Option is C

The question asks about the type of entrepreneur involved in the buying and selling of manufactured goods. This falls under the category of a Trading Entrepreneur. Let us explore why this is the correct answer by examining each option:

1. Novice Entrepreneur: A novice entrepreneur is someone who is new to entrepreneurship, typically launching their first business venture. Their focus is not specifically on trading but on learning and developing initial business skills.
2. Portfolio Entrepreneur: This type of entrepreneur manages a portfolio of businesses, simultaneously running several businesses, but their core activity is not limited to merely buying and selling goods. They may be involved in various sectors and projects.
3. Trading Entrepreneur: This is the correct answer. Trading entrepreneurs are individuals who focus on the business of buying and selling products. They are essential in connecting the manufacturers and consumers by distributing goods in the market. Their primary function is to act as intermediaries, facilitating the trade of manufactured goods.
4. Drone Entrepreneur: Drone entrepreneurs typically refer to individuals who are entrenched in established methods and resist change or innovation. They are not primarily engaged in the trade of goods.

In conclusion, based on the description and characteristics of each type of entrepreneur, a Trading Entrepreneur is indeed involved in the buying and selling of manufactured goods. They play a vital role in the market distribution chain by handling the operations associated with trading activities.