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What are the functions of entrepreneurs in the production of goods and services?

      

Highlight the functions of entrepreneurs in the production of goods and services.

  

Answers


Maurice
(i) They co-ordinate and organize the other factors of production.

(ii) They identify and set up viable business.

(iii) They acquire all other factors of production.

(iv) They provide the required capital to carry out production.

(v) They bear all the risks associated with production.
maurice.mutuku answered the question on July 17, 2017 at 05:50


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