Question:
Write any two roles and functions of entrepreneurship.
Write any two roles and functions of entrepreneurship.
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Entrepreneurs drive economic growth through innovation and risk-taking.
Updated On: Jul 5, 2025
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Solution and Explanation
Two important roles and functions of entrepreneurship are:
Innovation: Entrepreneurs introduce new ideas, products, or services that meet market needs.
Risk-taking: They take financial and business risks to start and grow ventures.
Resource Management: Entrepreneurs organize and manage resources like labor, capital, and materials efficiently.
Employment Generation: They create jobs by establishing new businesses.
Innovation: Entrepreneurs introduce new ideas, products, or services that meet market needs.
Risk-taking: They take financial and business risks to start and grow ventures.
Resource Management: Entrepreneurs organize and manage resources like labor, capital, and materials efficiently.
Employment Generation: They create jobs by establishing new businesses.
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