What are some of the functions of an entrepreneur in production

eldavis

Very Familiar
Member
Sep 4, 2022
14,999
664
Dex
$0.000
Raw Dex
$5.505
The functions of the entrepreneur in terms production varies, an entrepreneur could be the wholesaler who gets the products from the mother company then sells to retailers. Or they could be the retailers themselves who give out to the final consumers.
 
AgoraForo - Digital Marketplace & Freelancer Forum

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,815
318
Dex
$0.000
Raw Dex
$0.000
The entrepreneur makes sure that all other factors are working at optimum level. He makes sure he gets appropriate manpower for the business and best inputs for it.
 

cherry123

Popular
Member
Sep 5, 2022
27,410
2,610
Dex
$0.001
Raw Dex
$0.100
A productive entrepreneur function in different ways, an entrepreneur could be the the functional head of a business. it helps the business function effectively to help the business to Excel.
 

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,815
318
Dex
$0.000
Raw Dex
$0.000
The entrepreneur can even be the person who presides over the business as the director or general manager supervising all processes including the production process.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
The functions of the entrepreneur in terms production varies, an entrepreneur could be the wholesaler who gets the products from the mother company then sells to retailers. Or they could be the retailers themselves who give out to the final consumers.
I think an entrepreneur can also be the retailer. They are all into business.
 

Johnson2468

Notable
Member
Dec 23, 2022
2,787
167
Dex
$0.000
Raw Dex
$0.000
One of the major functions of an entrepreneur in business is provision of fund to start the business and even continue to finance the business till it get to the targeted stage
 

Shavkat

Very Familiar
Member
Sep 7, 2022
13,631
947
Dex
$0.515
Raw Dex
$0.003
The functions of the entrepreneur in terms production varies, an entrepreneur could be the wholesaler who gets the products from the mother company then sells to retailers. Or they could be the retailers themselves who give out to the final consumers.
If I am going to have my own business, I would prefer to have my own manufacturer. The main source of my products would be coming here and can still gain more profit to supply other companies.
 

cherry123

Popular
Member
Sep 5, 2022
27,410
2,610
Dex
$0.001
Raw Dex
$0.100
An entrepreneur can been seen as the overall person in a business even as the person who presides over the business dealing with managing, supervising all production processes in the company
 

IB D

Well Known
Member
Jan 6, 2023
5,433
194
Dex
$0.000
Raw Dex
$0.001
The entrepreneur is the final decision maker in a business organization. He studies proposals and deems if they are fit to be pursued.
 

Heatman

Team Lead
Member
Jun 14, 2022
5,831
301
Dex
$0.000
Raw Dex
$0.020
Organises the factors of production/ controls and evaluates plans
Decision making
Providing the other factors of production like capital, labour among Others.

I believe that the overall management of the business is what falls on the enterpreneur because it is his project and he must take care of it completely.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,167
565
Dex
$0.600
Raw Dex
$3.117
The entrepreneur is the one who makes all the decisions in the business, participating on the day to day operations of the business. They are also the risk takers in the business.
 

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,815
318
Dex
$0.000
Raw Dex
$0.000
As an entrepreneur and a professional in my line of business, I direct how the production is going to take. And I go and scout for customers to the business.
 
Back
Top