What are some of the functions of an entrepreneur in production

Stardom22

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Organises the factors of production/ controls and evaluates plans
Decision making
Providing the other factors of production like capital, labour among Others.
 
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Magnus2022

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Entrepreneur is the overall manager of any entrepreneur. He can delegate functions and fund the business . He is responsible for all engagement pertaining to the business. All tough decisions must be taken by him.
 

Bisolami

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Organises the factors of production/ controls and evaluates plans
Decision making
Providing the other factors of production like capital, labour among Others.
Since the entrepreneur is the overall head of the business he or she should be able to make better decisions or better plans for the company
 

Reedex

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An entrepreneur must contribute immensely to the production process of the company's products. This is important because the wealth of experience of the entrepreneur is needed.
 

hastral45

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Entertainment is the final decision maker. All actions of the business lies on his table. He's the owner of the business. He oversee the general running of the business.
 

Bisolami

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Entertainment is the final decision maker. All actions of the business lies on his table. He's the owner of the business. He oversee the general running of the business.
And this is why the person should have a vast knowledge about the business so that he will be able t make right decisions
 

cherry123

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Organises the factors of production/ controls and evaluates plans
Decision making
Providing the other factors of production like capital, labour among Others.
Decision making is very important it will help you to live above bad issues that would have confronted the business if a wise decision wasn't taken.
 

Bisolami

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Decision making is very important it will help you to live above bad issues that would have confronted the business if a wise decision wasn't taken.
And there were some times that you need to seek advice from people who know better than you so that you won't make the wrong decision
 

Passiveearner

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There are lots of functions of an entrepreneur in a business because he is assuming the role of the CEO.

I think that an entrepreneur is responsible for taking care of the workers in the company and makes sure that they are being compensated and he is the one who heads the business, so he himself has a high responsibility despite being the owner.
 

Heatman

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Organises the factors of production/ controls and evaluates plans
Decision making
Providing the other factors of production like capital, labour among Others.

The general running and management of the business falls on the business enterpreneur because whatever that goes wrong in the business will have to fall on you to take and face the consequences.
 

Bisolami

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There are lots of functions of an entrepreneur in a business because he is assuming the role of the CEO.
The person is the owner of the business and the person makes decisions so it will be very unfavorable if the person makes the wrong decision and that is why it is sometimes advisable to consult people before making decisions
 

Shavkat

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The entrepreneur must carried his or her responsibilities based on the manual guidelines of the company. He or she needs to be consistent in implementing or even rectifying them accordingly.
 

Bisolami

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The entrepreneur must carried his or her responsibilities based on the manual guidelines of the company. He or she needs to be consistent in implementing or even rectifying them accordingly.
And the entrepreneur is the person who is mostly supposed to follow the rules and regulations of the company so that other workers will be able to do so
 

Passiveearner

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The person is the owner of the business and the person makes decisions so it will be very unfavorable if the person makes the wrong decision and that is why it is sometimes advisable to consult people before making decisions

They are the ones who own the business and this is why their decisions are important. They have to make the right kind of policies that help people who are involved with the business.
 

Springtime

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The entrepreneur is the owner of the business. S(he) is responsible to ensure that the operation of his/her business is running smoothly, including production. If S(he) does not have sufficient knowledge of the technical process of production, s(he) may hire qualified personnel to do the job.
 
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