Who is an entrepreneur?

A.VERIFIED ANSWERfact-checked by tutors

An entrepreneur is a person who foresees the anticipated changes, understands the significance and magnitude of these changes, anticipates the quality and time of arrival of these changes, understands the needs of the users of these changes and senses the available opportunities.

Suggested Q&A

GENERAL · CLASS 11

GeneralCLASS 11
Why an entrepreneur is referred as a change agent?
GeneralCLASS 11
Is the concept of entrepreneurship confined to big business enterprises and economic institutions only?
GeneralCLASS 11
Mention three qualities of an entrepreneur as stated by Peter Drucker.
GeneralCLASS 11
How Adam Smith defined an entrepreneur?
GeneralCLASS 11
Name the economist known for the various theories on the principles of economics.
GeneralCLASS 11
How entrepreneurship helps in harnessing youth vigour?