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Which option correctly distinguishes an entrepreneur from a manager?

Answer and explanation

Correct answer: An entrepreneur may focus on opportunities and risks while a manager focuses on efficient operation of available resources

An entrepreneur usually identifies opportunities, accepts calculated risk, and may create a new venture or direction. A manager generally plans, coordinates, and controls existing resources and activities to achieve goals. The roles can overlap, and an entrepreneur may also manage, but the main emphasis in this comparison is opportunity creation versus efficient operation.

Related tags

EntrepreneurManagerOpportunityResource ManagementIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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