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Financial Market Management — CBSE Class 10 board question

Q1. [1]
List any two functions of an entrepreneur.
Previously asked in CBSE board exam
2023 92 Q2
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

Two functions of an entrepreneur are: (i) organising resources (land, labour, capital) to start a business, and (ii) bearing risks of the enterprise to earn profit.

Explanation

This is a standard Business Studies / Economics concept question. Examiners expect two distinct, named functions — simply listing them with a brief phrase is sufficient for 1 mark. Common accepted answers include: organising production, taking initiative, innovating, risk-bearing, decision-making, and coordinating factors of production. Any two correct functions earn full marks. Note: the source passages provided are from a finance/investment unit and do not cover entrepreneurship, so this answer is based on standard CBSE Class 10 syllabus knowledge of entrepreneurs.

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