Which term describes a person who organizes, manages, and takes the risk of owning and operating a business?

Which term describes a person who organizes, manages, and takes the risk of owning and operating a business?

• A. Empowerment
• B. Entrepreneur
• C. Entry-level
• D. E-tail

Answer: (B)

The main concept here is identifying the term for someone who starts and runs a business, taking on the risks that come with ownership. This describes an entrepreneur. An entrepreneur is someone who spots an opportunity, organizes resources, manages day-to-day operations, and bears the financial risk of ownership. In hospitality and tourism, this might look like starting a new restaurant, hotel, or travel service and guiding its growth from idea to ongoing operation. Why this term fits best: it specifically captures both ownership and the willingness to take on risk to create and run a business, which is exactly what the description describes. Empowerment refers to giving people authority to make decisions, not starting or owning a business. Entry-level describes a starting position in a job hierarchy, not ownership. E-tail denotes online retail channels, not a person.

The main concept here is identifying the term for someone who starts and runs a business, taking on the risks that come with ownership. This describes an entrepreneur.

An entrepreneur is someone who spots an opportunity, organizes resources, manages day-to-day operations, and bears the financial risk of ownership. In hospitality and tourism, this might look like starting a new restaurant, hotel, or travel service and guiding its growth from idea to ongoing operation.

Why this term fits best: it specifically captures both ownership and the willingness to take on risk to create and run a business, which is exactly what the description describes.

Empowerment refers to giving people authority to make decisions, not starting or owning a business. Entry-level describes a starting position in a job hierarchy, not ownership. E-tail denotes online retail channels, not a person.