Question

which of the following statements defines the funder role of an entrepreneur?
someone who is able to secure financial backing to sell a product
someone who knows how to create interest in a product for consumers
someone who hires independent contractors for short - term employment
someone who offers their product or service directly to consumers

Explanation:

To determine the funder role of an entrepreneur, we analyze each option:

• Option 1: Securing financial backing relates to funding, as funders get financial support for their product - selling efforts.
• Option 2: Creating consumer interest is marketing, not funding.
• Option 3: Hiring contractors is about human resource management, not funding.
• Option 4: Offering product/service directly is sales/distribution, not funding.

Answer:

A. Someone who is able to secure financial backing to sell a product