Risk bearing in business organisation is a function of the

JAMB Commerce 2023 183 views
Source: JAMB · 2023

Risk bearing in business organisation is a function of the

  1. employee
  2. customers
  3. entrepreneur ✓
  4. manager
Explanation

The entrepreneur starts the business and puts in his own money. If the business fails, he loses it. That is why risk bearing is his function.

Employees and managers are paid whether or not the firm makes a profit.

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