Question

In: Economics

give 5 differences between an entrepreneur and a corporate manager

give 5 differences between an entrepreneur and a corporate manager

Solutions

Expert Solution

A individual who produces an company is called an entrepreneur by taking a financial risk in order to get income. An person who is in charge of managing and running the company is known as a manager


An entrepreneur is focused on setting up business while a manager's primary focus is on running continuing activities.


Achievements act as entrepreneurial encouragement. By comparison, control is the main inspiration.

Approach to the role by the manager is traditional, which is just opposite to an entrepreneur.

An founder is the owner of the company and a manager is just a business employee

.A manager receives salary as remuneration for his work. Conversely, income is the entrepreneur's compensation.


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