The entrepreneur is known as the Captain of the ship”. Justify the s

1.	The entrepreneur is known as the Captain of the ship”. Justify the statement
Answer» Answer: Entrepreneurs are addressed as captain of industry as they are kind-hearted businessmen who use their capital to give the BEST PRODUCTS to society. In the 19th CENTURY, the products DEVELOPED by industrialists in order to serve mankind so some industrialists were called CAPTAINS of the industry.

The entrepreneur is known as the Captain of the ship”. Justify the statement

Answer»

Answer:

Entrepreneurs are addressed as captain of industry as they are kind-hearted businessmen who use their capital to give the BEST PRODUCTS to society.

In the 19th CENTURY, the products DEVELOPED by industrialists in order to serve mankind so some industrialists were called CAPTAINS of the industry.