Discussion
A person who organises and runs a business enterprise to make profit is called as :
Answer: B
A person who organises and runs a business enterprise to make profit is an entrepreneur.
The entrepreneur identifies an opportunity, brings together land, labour and capital, organises production and bears the risk of the enterprise in return for profit. Entrepreneurship development is a major theme of home science extension for women.
A seller and a merchant buy and sell goods, which is trading rather than organising an enterprise. 'A businessman' is a general term for anyone in business; the specific term for the one who starts the enterprise and bears its risk is entrepreneur.
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