Which term describes a person who organizes, runs, and assumes the risks of a business venture?

Which term describes a person who organizes, runs, and assumes the risks of a business venture?

• A. Investor
• B. Manager
• C. Employee
• D. Entrepreneur

Answer: (D)

An entrepreneur is someone who identifies an opportunity, organizes the necessary resources, launches the venture, and takes on the financial and personal risks to make it happen. This role centers on creating and growing a new business, not just providing funding, managing operations in an existing company, or simply working as an employee. Investors provide capital, managers run operations within an existing organization, and employees work for the business; an entrepreneur combines vision, risk-taking, and leadership to start and grow a new enterprise.

An entrepreneur is someone who identifies an opportunity, organizes the necessary resources, launches the venture, and takes on the financial and personal risks to make it happen. This role centers on creating and growing a new business, not just providing funding, managing operations in an existing company, or simply working as an employee. Investors provide capital, managers run operations within an existing organization, and employees work for the business; an entrepreneur combines vision, risk-taking, and leadership to start and grow a new enterprise.