question_answer 3)

Which of the following statements does not clearly distinguish between entrepreneurship and management? (a) Entrepreneurs found the business; managers operate it (b) Entrepreneurs are the owners of their business; managers are employees (c) Entrepreneurs earn profits; managers earn salaries (d) Entrepreneurship is once for all activity; management is a continuous activity

Answer:

(d) Entrepreneurship is once for all activity. The concept behind it is not cleared. Through this point, it is typical to understand the difference between entrepreneurship and management.