A major function of an entrepreneur is
A major function of an entrepreneur is
- A) Decision-making
- B) Encouraging competition
- C) Human-resource training
- D) Motivating employees
Correct Answer: A) Decision-making
Explanation
This Commerce question is asking about a major function of an entrepreneur. An entrepreneur is someone who starts and runs a business. The question is asking the student to identify the correct answer from the given options.Option A states that the correct answer is decision-making. This means that one of the major functions of an entrepreneur is to make important decisions about their business. These decisions can include things like what product to sell, how much to charge for it, where to sell it, and how to market it.
Option B states that the major function of an entrepreneur is to encourage competition. While competition can be important in business, it is not a major function of an entrepreneur.
Option C states that the major function of an entrepreneur is human-resource training. While training employees is an important part of running a successful business, it is not a major function of an entrepreneur.
Option D states that the major function of an entrepreneur is motivating employees. While it is important for an entrepreneur to motivate their employees, it is not a major function.
Therefore, the correct answer to this question is Option A - Decision-making. An entrepreneur needs to make important decisions to run their business successfully.
It is important for Commerce students to understand the role of entrepreneurs in the economy and how they contribute to economic growth. To learn more about this, please read the relevant sections of the recommended textbooks.