Question

an entrepreneur _________. a. takes a risk by starting a new business venture b. does not direct the businesses resources c. is guaranteed to make a profit d. is not a human resource e. creates but does not operate a new business

Explanation:

To determine the correct answer, we analyze each option based on the definition of an entrepreneur:

• Option A: Entrepreneurs are known for initiating new business ventures and assuming the associated risks (e.g., financial, market risks) to pursue opportunities. This aligns with the concept of entrepreneurship.
• Option B: Entrepreneurs typically direct business resources (e.g., capital, labor, materials) to achieve business goals, so this is incorrect.
• Option C: Entrepreneurship involves risk, and there is no guarantee of profit (market conditions, competition, etc., can lead to losses), so this is false.
• Option D: Entrepreneurs are human resources as they contribute skills, innovation, and labor to the business, so this is incorrect.
• Option E: Entrepreneurs not only create but also operate and manage new businesses, so this is incorrect.

Answer:

A. takes a risk by starting a new business venture