oaworker.Inabusinesstheworkerstakeordersfromtheentrepreneur.Heistheleader,andtheemployeesfollowhisdirection.98.Entrepreneurshipincludessomeotherimportantactivities.Theentrepreneurisresponsibleforinitiatingbusinessactivity.Hemustbeginhisbusinessbybringingtogethertheland,labor,andcapital.Next,hemustmanagethebusinessbydecidingthegeneralpolicesforbusinessoperation.essful,anentrepreneurmustalsobeinnovative.Hemustlookfornewproductsornewwaysofmakingthings,andnewmethodsofdistribution,orhemustoffernewservices.Hemustbeabletodecideonthevalueofthingsthatotherpeopleinvent,whetheritisanewtoy,anewmethodoffiling,oranewwayofadvertising.Finally,hebearsalltherisksofthebusiness.9.Everyoneconnectedwithabusinesssharesintherisksofthebusiness.panygoesbankrupt,thatis,esunabletopayitsdebts,itcausesproblemsformany10
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