ANALYZING THE NATURE AND TYPES OF AN ENTREPRENEUR (TLE)

Question 1

Name all the NATURE OR TYPES OF ENTREPRENEURS.

Answer 1

1. Self-employed
2. Opportunists
3. Acquirers
4. Speculators
5. Franchisees

Question 2

These are entrepreneurs who established their own business, do all the work, and keep the profit by themselves

Answer 2

Self-employed

Question 3

These entrepreneurs look for opportunities and capitalize on them for their personal benefit.

Answer 3

Opportunists

Question 4

These entrepreneurs are good in taking over a business enterprise that has been operating for quite some time but about to close due to financial constraints or management.

Answer 4

Acquirers

Question 5

These individuals buy a product and resell it for a higher price to gain more profit.

Answer 5

Speculators

Question 6

These entrepreneurs start an enterprise for which a widely known product brand has already been established.

Answer 6

Franchisees