”It is not
from the benevolence of the baker, the brewer and the butcher that we get our
daily meal but from their own interests” Adam Smith (1723-1790)
In a nutshell, He/she is described as a capitalist
employer seeking profit; a risk taker, a monopolist, a coordinator an innovator
and an organizer of means of production. A person of all these attributes in
operations may be termed as entrepreneur.He is a person who organizes, operates
and assumes the risk of a business venture.
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