What is the difference between Entrepreneur and Manager ?
Sometimes, the two terms, an entrepreneur and a manager are used in the same sense. But in fact, the actual meaning of the two terms are different from each other.
Sometimes, the two terms, an entrepreneur and a manager are used in the same sense. But in fact, the actual meaning of the two terms are different from each other.
An entrepreneur performs a series of functions necessary right from the genesis of an idea up to the establishment and effective operation of an enterprise. He carries out the whole set of activities of the business for its success. He recognises the commercial potential of a product or a service, formulates operating policies for production, product design, marketing and organisational structure.
The success of an enterprise new or old depends upon the qualities or characteristics of an entrepreneur or entrepreneur. In order to be successful, an entrepreneur must possess certain qualities which are unique of its kind.