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Role of An Entrepreneur in The Job Creation, Comment .: Entrepreneur Creates Employment Opportunities

Entrepreneurs play an important role in job creation by starting new businesses that employ people. They combine resources like capital, materials, and labor to profitably run an enterprise. As these businesses grow through innovative ideas and new technologies, they generate direct and indirect employment opportunities that can help reduce unemployment. Entrepreneurship provides jobs suited to different skill levels and helps address issues like youth unemployment and educated unemployment. Starting and expanding businesses makes entrepreneurs a key source of employment in developing economies.

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26 views1 page

Role of An Entrepreneur in The Job Creation, Comment .: Entrepreneur Creates Employment Opportunities

Entrepreneurs play an important role in job creation by starting new businesses that employ people. They combine resources like capital, materials, and labor to profitably run an enterprise. As these businesses grow through innovative ideas and new technologies, they generate direct and indirect employment opportunities that can help reduce unemployment. Entrepreneurship provides jobs suited to different skill levels and helps address issues like youth unemployment and educated unemployment. Starting and expanding businesses makes entrepreneurs a key source of employment in developing economies.

Uploaded by

rakesh kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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ROLE OF AN ENTREPRENEUR IN THE JOB CREATION , COMMENT .

Entrepreneur creates employment opportunities through their businesses. To develop


any business it requires resources such as natural resources, financial resources, and
human resources. Innovative concepts and new technologies are important to grow
your business.

Entrepreneur combines all these resources, innovative ideas, and new technologies into
a profitable business enterprise and creates job opportunities. Entrepreneur plays
important role in creating employment opportunities with setting up the new business
enterprise. Or by expanding an existing business, they create job opportunities. The
most important advantage of entrepreneurship is that they create employment
opportunities.

Entrepreneur creates employment opportunities -

New business units may be in the form of manufacturing, trading and service sectors.
And maybe in the form of small and large businesses. As these businesses grow, it
provides direct and indirect job opportunities to many more. As an entrepreneur, it is
possible to start work directly on self-employment and indirectly by many industrial
units. These industrial units grow and provide employment to millions of people.

As a result of this, an entrepreneur plays an important role in reducing the problem of


unemployment. And indirectly clears the way towards the economic development of the
country. There is a problem of educated unemployment in our country. Entrepreneurs
provide job opportunities according to employer skills it may help to reduce educated
unemployment.

Entrepreneurship solves the problem of youth unemployment. As a source of


employment creation, entrepreneurship has become more important for developing
countries. Employees are the strength of a company or firm. Skilled employees are
helpful for businesses to grow.

These entrepreneurs have played an important role in employment generation.


Unemployment is declining because of a large number of businesses being developed.
This will balance the entire economy of the country. Business is like the magnet where
employee are attracted to it.

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