Q.Write one definition of Entrepreneur

An entrepreneur is a person who sets up and runs a business enterprise by recognising an opportunity, bringing together the factors of production and bearing the risk, in the expectation of profit. A classic definition is J.B. Say's: an entrepreneur shifts resources from lower to higher productivity and yield. ## Definition of Entrepreneur The word entrepreneur comes from the French word entreprendre, meaning "to undertake." An entrepreneur is one who undertakes an enterprise. A widely used definition, as asked in this AP Intermediate 2nd-year Commerce 2-mark question, is: - J.B. Say: "An entrepreneur is one who shifts economic resources out of an area of lower productivity into an area of higher productivity and greater yield." In plain terms, an entrepreneur is a person who conceives a business idea, organises the land, labour, capital and organisation required, takes decisions, and bears the risk and uncertainty of the enterprise in order to earn profit. …