Answer to Question #229271 in Economics for Mduduzi

Question

Fred invested R120 000 of his own capital in the enterprise and could, therefore, be described as someone who _______. 1) manages his own enterprise 2) has insight into the market 3) identifies new opportunities 4) is willing to take calculated risks

Answer 1

If Fred invested R120 000 of his own capital in the enterprise, then he could, therefore, be described as someone who manages his own enterprise.

So, the correct answer is 1).