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What is a person who starts a new business called?

Answer and explanation

Correct answer: Entrepreneur

An entrepreneur is a person who identifies an opportunity, starts or develops a business, and accepts responsibility for important decisions and risks. A customer buys goods or services, a supplier provides inputs, and an employee works for an organisation. These roles may interact with an entrepreneur but do not have the same meaning.

Related tags

EntrepreneurNew BusinessEntrepreneurshipIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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