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An entrepreneur's job is only to give orders. What is the correct correction of this myth?

Answer and explanation

Correct answer: An entrepreneur performs many functions such as planning, organising, leading and controlling.

The correct correction is that an entrepreneur’s role is not limited to giving orders. An entrepreneur sets goals, plans work, organises people and resources, leads the team, and monitors progress. Investing or selling products may be part of a business, but neither describes the entrepreneur’s complete role. Exam tip: Check statements containing words such as “only”; an entrepreneur usually performs multiple functions.

Related tags

Entrepreneurship MythsEntrepreneurial SkillsManagement FunctionsLeadershipPlanning And OrganisingMyths About EntrepreneurshipEntrepreneurial Skills IArtificial Intelligence

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