Practicing Success
Practicing Success
CUET Preparation Today
| Which of the following statements does NOT clearly distinguish between entrepreneurship and management? |
Entrepreneurs found the business; managers operate it. Entrepreneurs are the owners of their businesses; managers are employees Entrepreneurs earn profits; managers earn salaries Entrepreneurship is once for all activity; management is a continuous activity |
| Entrepreneurship is once for all activity; management is a continuous activity |
| Entrepreneurship is an art or practice of setting up of business by a person who has skills, innovative mind etc. It is a continuous activity. Management is nothing but the art of managing things properly. A proper management is necessary to carry out activities effectively in the organisation. Hence, the given statement does not distinguish clearly the entrepreneurship from management. |
