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JAMB Commerce 2007 Question 12

Question 12

Production

A major function of an entrepreneur is

  1. A.decision-making
  2. B.encouraging competition
  3. C.human-resource training
  4. D.motivating employees.
Show the answer and explanation

Answer: A (decision-making)

Explanation

The entrepreneur organises the business and bears its risks, which means taking the key decisions.