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The entrepreneur is the principal actor in production because they are responsible for creating and implementing the production plan. They are the ones who have the vision the knowledge and the resources to move the production forward. They are the ones who hire the personnel purchase the materials and manage the budget. They are also the ones who take the risk of starting the production and have the potential to reap the rewards of a successful venture.

  • The entrepreneur is responsible for creating and implementing the production plan.
  • They have the vision knowledge and resources to move the production forward.
  • They hire personnel purchase materials and manage the budget.
  • They take the risk of starting the production and have the potential to reap the rewards of a successful venture.
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Nova Bernier

Lvl 10
2y ago

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Related Questions

Why entrepreneurs is a principal actor in production?

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This is NOT a major stage of film production?

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