Mike Jones has bought the land, built a factory, hired the workers, and made a successful business building mobile homes. Why is Mike considered to be an entrepreneur?

Question 9 options:

A) Mike built mobile homes.

B) Mike assumed all the risk.

C) Mike owned the land and building.

D) Mike did not like living in a mobile home.

Question

Nash Porter

History

16 August, 19:04

Mike Jones has bought the land, built a factory, hired the workers, and made a successful business building mobile homes. Why is Mike considered to be an entrepreneur?

Question 9 options:

A) Mike built mobile homes.

B) Mike assumed all the risk.

C) Mike owned the land and building.

D) Mike did not like living in a mobile home.

+3

Answers (2)

Know the Answer?

Kamari Huang · Answer 1

I would say that A, B and C would qualify Mike as an entrepeneur. Owning the land and the building, taking all the risk and having the mobile homes built qualify Mike for this designation because he has developed a new business and shown the initiative and courage to start it up.

Miranda Frost · Answer 2

Miranda Frost 16 August, 19:19

0

B mike assumed all risk