Buying and selling of manufactured goods is the business of which type of entrepreneur?
A trading entrepreneur buys finished goods from manufacturers and sells them to customers, earning a margin without making anything. A novice entrepreneur is a first-time…
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Buying and selling of manufactured goods is the business of which type of entrepreneur?
Answer and explanation
Correct answer C
A trading entrepreneur buys finished goods from manufacturers and sells them to customers, earning a margin without making anything. A novice entrepreneur is a first-time founder, a portfolio entrepreneur owns several businesses at once, and a drone entrepreneur refuses to change methods even at the cost of losses.
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Common Management Admission Test (CMAT)