Multiple Choice Questions · Q2
Q.In economics, which of the following is not a function of the entrepreneur?
(a) Risk-taking
(b) Provision of capital and organisation of production
(c) Innovation
(d) Day to day conduct of business
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The correct option is (d) Day to day conduct of business.
In economics, the functions of the entrepreneur are the bearing of risk and uncertainty (a), the provision of capital and the organisation of production (b), and innovation (c). The day-to-day conduct of business is a routine managerial task rather than an economic function of the entrepreneur, so option (d) is the one that is not an entrepreneurial function.
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