High School

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A _______ is a person who starts a business, whether it is one of their own devising or a franchise.

A. Franchisor
B. Innovator
C. Entrepreneur
D. Manager

Answer :

Final answer:

The correct answer is option C. Entrepreneur.

Explanation:

An entrepreneur is a person who starts a business, whether it is one of their own devising or a franchise. They are the risk-taker and the creative element that allows a free market economy to evolve as consumer demand changes. A franchise is another way to begin a business by purchasing the rights to start a business based upon a model designed by the franchisor.

An entrepreneur is a person who starts a business, whether it is one of their own devising or a franchise. They are the risk-taker and the creative element that allows a free market economy to evolve as consumer demand changes. They come up with new products or better ways to deliver existing products.

A franchise is another way to begin a business by purchasing the rights to start a business based upon a model designed by the franchisor. The franchisor provides training, supply chain support, and assistance in setting up operations, while the franchisee pays a franchise fee and royalty fees.

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