Which term describes someone who starts and runs a business taking on risk?

Which term describes someone who starts and runs a business taking on risk?

• A. Aptitude
• B. Decision making
• C. Entrepreneur
• D. Goal

Answer: (C)

Starting and running a business while taking on risk describes an entrepreneur. This term names a person who sees an opportunity, organizes resources, and builds a venture, accepting financial and personal risk in pursuit of profit. Aptitude refers to natural ability rather than the act of starting a business. Decision making is the process of choosing among options, a skill used in many roles but not the label for the person who launches a business. A goal is a desired outcome, not a person. Therefore, the term that best captures someone who starts and runs a business taking on risk is entrepreneur.

Starting and running a business while taking on risk describes an entrepreneur. This term names a person who sees an opportunity, organizes resources, and builds a venture, accepting financial and personal risk in pursuit of profit. Aptitude refers to natural ability rather than the act of starting a business. Decision making is the process of choosing among options, a skill used in many roles but not the label for the person who launches a business. A goal is a desired outcome, not a person. Therefore, the term that best captures someone who starts and runs a business taking on risk is entrepreneur.