Entrepreneur is a central point to process of production and all other factors like capital, land, labour cluster around him. He performs following functions.
Image Credits © Netfalls.
1. Entrepreneur initiates the business activity
He has to start the business activity by preparing a proper plan. The plan should deal with the type of goods or service to be produced, sources of raw material and
Friday, 12 November 2010
Functions of an Entrepreneur In Process of Production
Posted on 15:40 by Unknown
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