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5 objectives of an entrepreneur.

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Answer:

Step-by-step explanation:

An entrepreneur is a person that sets up a business for the aim of making profits and of social benefits to the society . An entrepreneur bears the risks and rewards alone.

The five objectives of an entrepreneur are listed as below.

1) Profit making: This is one of the primary objectives of an entrepreneur and it is a basis on which some other objectives are built , being a source of cash generating to achieve other objectives.

2)Acquiring the right talents and skills ; An entrepreneur will like to have the right skills and talent in his team for efficiency , effective and economy purposes.

3)Growth ; An entrepreneur aims at growth as the level of profit generated is directly related to the growth attained. The higher the growth, the higher the profit.

4)Sustainability : Another goal is sustainability . He will work towards maintaining his position in the market to ensure going concern . Every business is confronted with competition which can take a business down if not well managed.

5)Online positioning : Taking advantages of online opportunities is critical to success in businesses. He will like to leverage on online opportunities for growth and sustainability.

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