Business Chapter 8. Chapter 8 section 1 Entrepreneurs- is profit seeker who develops a new product or process and assumes the risk of profit or loss.
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Entrepreneurs- is profit seeker who develops a new product or process and assumes the risk of profit or loss.
E.g. Bill Gates, Donald Trump, Dr. Dre, Shakira, Jay Z, Jennifer Lopez, Beyonce, P-Diddy or Sean John Combs, Russell Simmons, David Beckham, Paris & Nicole Hilton, &The Walton “Sam’s Club & Wal-mart.”, Mom & Dad.