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Answer :
Final answer:
The person who organizes and runs a business is called an entrepreneur. This definition distinguishes them from other roles such as financial planners and stockholders. Entrepreneurs like Steve Jobs exemplify this role in the business world.
Explanation:
Understanding the Term for a Business Organizer
A person who organizes a business and then runs it is referred to as an entrepreneur. Entrepreneurs are individuals who conceive a business idea, take the initiative to turn that idea into reality, and take on financial risks in the hope of making a profit.
Here’s a brief overview of the options provided:
- Entrepreneur: The correct answer, as they both organize and manage the business.
- Financial Planner: A professional who helps individuals manage their finances, not a business organizer.
- Franchiser: A person or organization that allows others to operate a business under their brand but does not initiate the business itself.
- Stockholder: An individual or entity that owns shares in a company and does not necessarily run the business.
For example, well-known entrepreneurs like Steve Jobs and Oprah Winfrey not only started their companies but also played significant roles in their management and growth.
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