Concept in Definition ABC
Miscellanea / / July 04, 2021
By Florencia Ucha, in Dec. 2014
The term entrepreneur denominates in our language the person who owns a company, a business or an industry and as such is in charge of the direction and management of it, having as purpose obtaining economic benefits is essential.
So, the business environment of the employer is a company that can engage in various economic activities, such is the case of a company agricultural livestock, a company of building, entertainment, or sales of services, to name a few common examples.
Although the entrepreneur tends to make unilateral decisions that affect the business in which his company is inserted, he is also It is common for an entrepreneur to associate with another colleague to, for example, co-manage a company and then in this case both are the in charge of deciding the action policies and obviously they are also partners when it comes to sharing the dividends that enter the company in question.
Now, we must emphasize that although the employer is in charge of making the most sensitive decisions of the company that he directs, neither he is capable of doing everything and performing the various functions that are necessary for a company to function, therefore, it is necessary that delegate those tasks or activities that are not linked to the decisions, to employees that you just hire to carry them out out with
efficiency and so he can take care of it inherent to profit maximization.Meanwhile, just as the entrepreneur obtains the revenues that follow from the exploitation of the business will also be the legal responsible for what the Justice sue him for occupying that role. In other words, if a company incurs a serious offense against a clientFor example, the fraud, then, the employer, owner and person in charge of the firm will be the one who will have to answer to justice for this breach. The penalty that justice comes to decide for their actions must be completed by the employer, business owner. No employee or any other related to the business will have to answer for it.
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