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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 companyOrganises the factors of production/ controls and evaluates plans
Decision making
Providing the other factors of production like capital, labour among Others.
And there was an entrepreneur that do not know a lot about the business that they do and I feel like it is not niceThe entrepreneurs generally makes sure the entire production is going to plan. He hires that staff and gets equipment for production to occur.
And this is why the person should have a vast knowledge about the business so that he will be able t make right decisionsEntertainment 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.
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.Organises the factors of production/ controls and evaluates plans
Decision making
Providing the other factors of production like capital, labour among Others.
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 decisionDecision 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.
There are lots of functions of an entrepreneur in a business because he is assuming the role of the CEO.
Organises the factors of production/ controls and evaluates plans
Decision making
Providing the other factors of production like capital, labour among Others.
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 decisionsThere are lots of functions of an entrepreneur in a business because he is assuming the role of the CEO.
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 soThe 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.
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 business owner and they are the ones who have the right to make decisionsThey 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.