Function of an Entrepreneur
Entrepreneur plays an important role for the development of country so their role ad function is very wide. Some of important function of an Entrepreneur os as below- 1.To establish Enterprise- It is the first function of an Entrepreneur. They have an innovative idea. To convert this idea into practical form they establish as Enterprise. 2.To bear risk- It is the second function of Entrepreneur. They arrange capital, land,labour and infrastructure to produce innovative product or service. If this idea is not success they face a financial loss so they bear risk in the performing their dicision. 3.Decision making-It is also an important function of Entrepreneur. They take all decisions in the area of Production, Demand, Supply, Price, Advertising, Ware housing, Communicating,Trading, Distributing, Financing etc. If any decision is wrong they face negative impact of that decision. 4.Managerial function- Entrepreneurs are the manager of Enterprise. They make policy, programme, rules, ...