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What is the main difference between an entrepreneur and an employee?

Answer and explanation

Correct answer: An entrepreneur creates and manages work while an employee performs assigned work

An entrepreneur identifies an opportunity, organizes resources, makes key decisions and bears business risk, while an employee generally performs duties for an organization in return for wages or salary. The roles can overlap in some situations, but option A states the basic distinction intended here. The other options are clearly incorrect generalizations.

Related tags

Entrepreneur-Vs-EmployeeEmploymentEntrepreneurshipDistinction Between BusinessProfession And EmploymentDistinction Between Business Profession And EmploymentBusinessTrade And CommerceBusiness Trade And CommerceBusiness Studies

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