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  • An Entrepreneur Is One Who Bears Uncertainty

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    Tara Nah
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    An entrepreneur is defined as someone who takes on uncertainty by purchasing resources to produce goods or services for sale at uncertain prices, making them innovators and adventurers. Their key function is to supply and accumulate capital through undertaking projects and ventures.

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    An entrepreneur is one who bears uncertainty

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    An entrepreneur is defined as someone who takes on uncertainty by purchasing resources to produce goods or services for sale at uncertain prices, making them innovators and adventurers. Their key function is to supply and accumulate capital through undertaking projects and ventures.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    32 views1 page

    An Entrepreneur Is One Who Bears Uncertainty

    Uploaded by

    Tara Nah
    An entrepreneur is defined as someone who takes on uncertainty by purchasing resources to produce goods or services for sale at uncertain prices, making them innovators and adventurers. Their key function is to supply and accumulate capital through undertaking projects and ventures.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Module 1

    Definition of Entrepreneur
    “Education is the most powerful weapon which you can
    use to change the world” – Nelson Mandela
    - An entrepreneur is one who bears uncertainty, buys labor and materials, sells product at
    uncertain prices (Cantillion)
    - Entrepreneur is an adventurer, undertaker, and projector. His functions is to supply and
    accumulate capital.
    - An entrepreneur is an innovator

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